Bitcoin correction

Bitcoin has reached the critical 0.702 fib retracement level. This is a key level that we could see Bitcoin make its final leg in its correction down to the the range of $37000 - $32000 price level before taking off to $75000 -$78000 price range. This correction will obvious affect the entire alt-coin market and cause a dip, but if history repeats itself after the correction it would lead to a most anticipated alt season. This is a big buying opportunity if the correction takes place for a few alt-coins, lets see how price reacts at this level as this is just a possibility, but it can be a good one for buying a good dip for bitcoin but most importantly for alt-coins.