BTC is in the complex correction for last 8 months. Currently BTC is in a bull trap and expecting prices to rise around $7500(USD). However then it will be a sharp decline in value before it can go another move north bound. Normally in complex correction there are maximum three correction patterns, right now we are in the second one. Until the next up move starts we are not sure whether this is the last correction. Fibonacci level are respecting around 38.2%. Normally complex correction takes time and goes beyond 38.2 and ends between 38.2 and 50%. So the current forecast is BTC will touch around 7K before decline below 4K
