BTC/USD - Looking for the Bottom in Log Scale

Bitcoin is reacting to indicators much more in log scale. Notice the retracement to 3k was a perfect touch to the .382, and note the reaction to the median lines on this most recent run.
Some wave analysts are calling this the middle of a wave 4 correction; possible triangle. This would make my area of confluence of $5600 a great place for a bounce.

Currently looking to reload my short in the $8600-8800 range with a stop above 9k.
Bitcoin (Cryptocurrency)BTCBTCUSDFibonacciPitchforksWave AnalysisxbtXBTUSD

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