Bitcoin
Long

$7700 is a strong target

151
$7700 is a strong target for these reasons:

1. 0.382 Fib retracement level (Wave 1 started at $6504)
2. If you take the length of Subwave A and overlay it over Subwave C, it ends at $7700.
3. Drawing the mini-subwaves of Subwave C leads to a target of $7700.

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