Last week BTC suprised us, and went up a lot, but right now its on very important level. It's time to decide where it will go.
BTC crossed downtrend level and is just about strong resistance level at 7800. If BTC will pass resistance, it probably will go up more, but in my opinion, there is stronger possibility, that BTC will reject this level and continue downtrend at least to 5800 USD.
I'm starting to open small shorts positions today and look how situation will develop. My stop loss will be right above the resistance level.