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BTC have bounced from 7800 level instead of 7200~7500 level. It has bounced over 8550, and making new high of 8580.
BTC is now in correction phase and next bounce point will be $8300 level. We are expecting it to bounce to $9000 level and it will continue to make upward movement to $11000~$12000 with series of minor corrections.
If it dip below $8300, BTC still can go to $7500 of our original bounce point, but anyway it will continue its upward movement.