
$BTC / #Bitcoin: Why even a rally toward $119,000 fits within my correction scenario. 👀 Since there were some recent follow-up questions: My short-term updates show smaller impulse waves within the larger structure. The expected rebound toward $80,600–84,000 is still part of the ongoing wave (B) (green). Here’s how the movements connect within my primary scenario: 1.) After completion of wave Ⓨ (pink), I expect a recovery as wave Ⓧ (pink) toward $80,600–84,000. The completion of Ⓨ has not yet been confirmed; if a lower low forms, the projection will be adjusted. 2.) Next, in the primary scenario, wave Ⓩ (pink) unfolds downward. I anticipate the completion of the larger wave (B) (green) at $72,574–61,099. 3.) Following that, I favor a rally as wave (C) (green) toward $92,000–119,000, potentially accompanied by a brief altcoin season and strong FOMO. This move would complete corrective wave b (red). 4.) Subsequently, I expect a strong sell-off as wave c (red) toward $39,100–21,600 to complete wave (2) (white). For the current short-term count: Above $84,867, I must re-evaluate; above $87,400, the alternative scenario described here becomes active. The later wave (C), however, requires prior completion of wave (B). Let’s go 💪 Knowledge is wealth. Recognize trends. Trade with foresight. TSC | Trend Serra Capital
