Bitcoin detailed Elliott Wave Analysis - 4 scenarios

based on Elliott Wave analysis of a drop from 20K I can see 4 possible scenarios:
all long term trend targets are not accurate - they are just for the illustration purposes.
blue lines are major resistance levels that need to be broken up for the up trend to succeed in the long term.

1. WXYXZ complex correction (blue, high probability)
short term = long
mid term = short
long term = long
2nd X is a failed impulse, consists of 5 waves. (ABC) correction to Z follows ending with an up trend (there will be no 3rd failed X).
Target1 = 10750-11000 (end of wave v in wave 3)
Target2 (end of 2nd X) = 11600-12200 (end of wave 5)

2. WXY + 12345 up trend (green, mid probability)
short term = long
mid term = short
long term = long
2nd X changes to wave 1, a valid impulse, consists of 5 waves. ABC correction follows ending with an up trend
Target1 = 10750-11000 (end of wave v in wave 3)
Target2 (end of X) = 11600-12200 (end of wave 5)
is invalidated when price will go below ATL 6000 (wave 2 retraces below wave 1 (currently Y) = up trend is broken)
is confirmed when price break out of 11600 in wave 3 of a new up trend, after ABC correction

3. WXY, where subwave (C) of Y = ABCDE is a giant ending wedge (red, low probability and it's likely not a wedge)
short term = short
mid term = short
is invalidated when price will go above the red down trend lines - wedge's upper boundary

4. WXY => changes to 12345 down trend (red, low probability)
short term = short
mid term = short
long term = short
is invalidated when price will go above the red horizontal line at 10750 (wave 4 goes into wave 1 territory = down trend is broken)

Good Luck!