btc usd 1 hour time frame view

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
we are waiting for market reaction to our view
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I think it will correct to the first pink line. If it corrects below $7500, it would invalidate most people's Elliott Wave count which has wave 1 ending at $7500, and would be very bearish.
@alexyeoh, lets see what happen :)
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