If the markets continue to open strong for the next day or two, we should see BTC price rally into the 7600-7800 territory. This will act as our next resistance point. Without a retest at 7200 is not confirmed to be new support, but let's assume it potentially is. While the price has a high probability of increasing a little more, a major selloff is eminent. It's hard to say what the targets will be for this drop because it will be a long cascading one in my opinion that will last for days or possibly weeks with a few small reaction rallies along the way. When the dust clears, i believe we will be back in the 4800-5200 price range. It's the last week of support for the traditional markets and we have no reason to believe that btc will decouple from the stocks until later on this year.