Red And Grey Zones: Let me start to say, why I think it's unlikely we will go below 6,900 USD. S.P.Y is my main reason - it tells us, if we apply those price movements to BTC -0.32% , that we won't go as low. Also strong support levels before.
Orange Zone: Around 6,9k to 7,6k is definitely likely. The big bear flag could take us down in this area, we have super strong support around 7,2-7k USD, where we have the up trend line and also 78,6 % retrace.
Green Zone: +7,700 USD where we have 61,8 retrace. Minor waves matches this area pretty good. On top of that there could also be some strategic reasons for whales to pump it around 7,7k-7,8k IF a lot of people start to entering short positions.
I think the 61.8 is key. Bullish above, bearish below level.