If Bitcoin Breaks 6850 we will see 7680 before retracing to 7020
Simple Elliot theory tells us to aim for the 1.618 on wave 3. This lines up perfectly with past resistance. Retracements are likely to bounce off the .382 along with the 55 EMA looking to support around the same region. This isn't rocket science. It's just fundamentals.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.