#BTCEUR dips into my sub 60k #EUR target zone from last week so I'm starting to look for bottoming structure for $BTC : on the hourly I think we will still get a lower low under 59311 but positive divergence has been building up, though no setup for aggressive long at the moment. Aggressive short can move stop from 62k down to 61500.
For the #Elliottwave nerds, the overall structure of the decline from the 66k top is clearly corrective so don't bother about the subwaves, just remember that the last leg of a diagonal can be sharp, as well as the reversal that follows.