BTC correction imminent back to Fib 78 LEVEL [ Updated ]

BTC is still way overbought and consolidating on the chart, overdue for a large correction.

I'm expecting a retrace back to 78 Fibonacci level, which will meet the ascending trendline from 3.1K bottom. Many buyers present at the 3.6K price area. Further lows after that in a bear market extending through late 2019.