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.
Trend AnalysisWave Analysis

Disclaimer