bitcoin possible reversal

After being in a downtrend, bitcoin touched the 61.8 fib level and rejected also forming the final 4th wave and heading to the 5th , which is the breakout. If this happens we can expect to take profit at 161.8 fib level.

PLEASE NOTE! this is just my opinion and I can be wrong like many times before. So please do you own research and trade with caution!