$BTC Bitcoin update: Bitcoin should now move into the final upward leg, and if the count is correct, the target zone would be around 79,487 to 80,200 for a potential top. After that, we should either see a move down toward 55,000 or at least a larger corrective pullback toward 65,000 USD. Regardless of the risk that price could go higher — which I currently don’t expect — it makes sense in this zone to either take partial profits or start a hedge. If we clearly break above 84,000, we have to assume a more impulsive upward move. However, even that should complete relatively quickly, meaning there’s no need for FOMO buys. Instead, we would wait for the move to finish and look to buy the next corrective dip. I’ll post all alternative scenarios in the comments.

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