Bitcoin - the pullback is over and the next stop is 5,000

In my previous post dated 13 Jan 2019 I wrote: 

“At this point the micro structure of that wave b is almost completed. One more push down to 3,520 would be a great buying opportunity. 
As soon as that corrective wave b down finds its bottom I expect another strong rally targeting at least 4,990. But it can stretch to 5,605 or even higher. “
 

The very next morning Bitcoin opened lower getting that expected push down. 

Bitcoin stopped a little bit above my green target box and showed a nice bullish reaction. 

We have enough micro waves to consider that wave b down complete. My minimum target for the rally in wave c of i is 5,000 

That rally would complete wave i up. Then we should get anther pullback in wave ii down making a higher low.

Bitcoin - daily chart updated on 16 January 2019

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