Bitcoin - ready for rebound

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Looks like after bottoming out at 28K levels, bitcoin has completed a 5 wave move and currently retracing it. Once this retracement is complete we could see a BULLISH wave 3 move.

23.6 to 38.2 fib levels are immediate support.

vertical time points mark 38.2 and 61.8 time moves of wave 1.
Trade closed: target reached: KABOOOM!!