Bitcoin achieved a double top, aka truncation for Elliottists. Last night I thought it would do some ascending triangle but apparently the price decide to push higher faster than I expected. By doing so, it removes the upside potential. I would expect the price to correct to the yellow zone, which corresponds to a cluster of Fibonacci levels ranging from 38.2% to 61.8%. During that impulsive wave, the third wave contains the extension and fifth wave and first waves are fairly similar in lenght.