If BTC follows any patterns (I don't think it does) then it might be headed sideways for some more time before going up. So for short term, its neutral before going long again...
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Next I expect a drop to 7800-7850 and then a spike toward 8200-8250. Afterwards downtrend... towards 7500.
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There was the drop I expected. Should slowly go back up before going down to 7500 - it may or may not reach 8200 now before going to 7500ish however it seems that's the direction that its gonna take.
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Almost symmetric pattern as I expected. However we might be going up instead of going down now...