As mentioned in my earlier post, a break of 3640 and the downtrend is OVER for now...
We seen BTC spike to 4150 (the 0.78 fib) and start retracing.. on this retracement we have a possible INVERSE HEAD AND SHOULDERS...
watch for BTC to hold 3600 the 0.618 golden pocket and support and then push past 4100 for this to play out.. If so the target is 5150-5250 (see comment update for chart)
I will consider this invalid if we close under 3500.