Bitcoin - nothing to worry in the long-term

Our previous BTC price prediction justified itself, as the coins made a 2 days pause trading near $7,500; however, then the $8,000 mark was reached again.
The current consolidation occurs within $7,800– $8,200, and going beyond this may lead to the development of the uptrend movement. The way will be opened for a gradual reduction to a cluster of $ 7,375– $ 7,500, and then to $ 7,000 and $ 6,820 if prices decrease $7,800.
A deeper correction in the region of $6,000 and below, taking into account the previously observed panic demand for crypto-assets looks quite likely to happen. The second, more optimistic scenario assumes going up beyond the ’’Pennant’’ figure, a confirmation of which will be care for $8,500.

The nearest scenario is the area of $8,900– $9,000, which can be reached in the coming weeks.