50% retracement hit overnight (US Session) at 7282 (7296 was the 50% mark).
If BTC can hold this Fibonacci bounce then wave 3 (the most exciting wave) should take us to $10,0905 at the 1.618 Fib extension.
Though I still think a move to the 61.8% price level at 7006 (or even 78.6 at 6590) is in the cards, I've lightened my short position and raising cash.