Bitcoin/USD - End of correction is close

Fibo extension of last impulsive fall shows it potential end around $7850 which is very close to 61.8% fibo retracement of whole rise from $6.5k. Violet line ($3k - $6k) and the blue line may stop this fall however going through whole demand zone (green rectangle) has bigger possibility.

Comment:

Falling wedge

Comment:

Forgot to update arrows ;)

Trade active:

We are almost there ;)