Bitcoin Corrective Retrace, or One More High?

Bitcoin's long term chart retains a very bullish posture. Currently, I have the BTC chart having completed, or about to complete the first upward subdivision within a long-term cycle wave III, that could top the 1Million area per Bitcoin.

Nonetheless, in the short term we are correctively retracing, and retain the ability to eck-out one more high, before getting an intermediate term top.

Best to all,

Chris