EuroMotif

BTCUSD retrace watch 4: Bitcoin to test 3600 ?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Looks like one more small leg down before retrace can come to an end.
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Background:
This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.

First I saw 3618 on CoinBase as important which had been on my charts for over 6 months:


Getting closer, I started to see a bigger picture of a 4 wave impulse that started with the 7400 drop:


As it bounced, 4425 came into focus as the big hurdle:


Zooming back out to the original large 5 wave impulse, targets were in sight again:


Then we had a strong bounce with perfect 12345, which I expected to top at 3800-3900

As the bounce progressed, the first retrace came into sight

Now I think we have completed the impulse up, and correction should be almost done
Comment: Here we are, 3600. Buying little bits here in a ladder fashion
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BTCUSD H1 C UP. Here's my take on BTC, checkout the idea detail's and updates for the complete picture.
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Looking nice
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