A look at #bitcoin's next technical hurdles on the daily chart:

If iH&S takes form, measured breakout area ~$7870#BTC would still need to break long-term downtrend resistance and 0.382 Fib

If broken, a retest of trendline to prove support would be likely pic.twitter.com/6GQZxP8nU3

— CoinDesk Markets (@CoinDeskMarkets) July 16, 2018