My Prior BTCUSD post illustrated a completed Elliott wave - Horizontal Triangle. Subsequently BTCUSD exceeded the top of the supposed Minor wave "E" Invalidating that wave count. It now appears the Horizontal Triangle could still be under construction, the 06/15/21 high is probably Minor wave "C" with the most recent drop as Minor wave "D".
Also of interest the BTCUSD 06/15/21 peak corresponds with the SPX 06/15/21 all-time high. The BTCUSD bearish trend could be a prelude to action in US stocks.