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Do you agree or disagree? I would love to hear your thoughts in the comments!
We've broken two trend lines and the price currently finds support at .382
7200 represents the .618 retrace line and hence, the basis for my target.
BTC.D (Bitcoin Dominance) is waning and alt coins are seeing those 20-40% daily gains.
This seems likely to continue to (or around) August 6th, where BTC could bounce or see selling accelerated.