This is part of a more in depth analysis, but im posting this just as a way to test out that analysis on a shorter time frame. And as a way to keep myself accountable.
It's entirely possible that the yellow ABC correction completed wave 4 at around 58k, and we are in a wave 2 of wave 5 that will hold the trendline/vol node above 60k.
If we break 60k, we'll likely see 58k again before we shoot up for wave 1 of wave 5.
Long to medium term im still bullish on BTC, but the next few weeks we might see some ranging.