Bitcoin is made to stay, volatility cycles are simply normal and an experienced user should know that indeed and do not be afraid from buying whenever the price goes down!
The true $ 7K was not even contemplated in further analysis, because the stage of accumulation is usually very long, well in fact we are still in the accumulation stage, the best thing of all is that the price has grown without there being any correction , it would be ideal that no correction occurred, but that the movements were possible lateralization, and continue to increase in price.
There is not yet an uptrend stage, only that the volatility is very high, it is normal that at this stage the price goes up a lot and then goes down, it is necessary to take into account that many operators look for new prices by testing and testing, to see that so much demand can there be if there is a high offer,
That is why always for an uptrend stage, it is good to check the millionaire portfolios, and when they are well filled at least 70% you could say yes, that the price is ready to go up.
It is good that bitcoin break out the resistance but it does not mean that it will continue to go up without any correction. Bitcoin might get rejected at 7300$ resistance level and from there we might see some big corrections. I am hopeful that bitcoin might stay above 6000$ and this 6000$ will again become a massive support as it was in 2018.