H1 you can look for sell setup's for the internal H4 wave C down.
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BTC D1 Wave C up, Running or Expanding flat.
BTCUSD W1 Basic EW Correction.
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Start looking for shorts.
But on 1hr 4hr u say 8500 to 6500.
Do i got that right?
On H4 if we get the running flat once the structure is over then I can use the fib to give an estimation of how high wave Z may go. (usually 1st TP I use is break of the high with 2nd TP the 161.8fib extention.