according to the chart there was a correction which had started its way from the top (64854 $).
After reaching the 30k, BTC try to consolidate around this price, due to the existence of bears and bulls supply zones. in this regard, a classic was created. From point of view it is a contracting which created as wave 4 for the larger .
After the breakout from the bottom of the triangle the possibility of a larger pattern has become strong.
A pattern generally consist of A: motive pattern - B: corrective pattern - C: motive pattern.
now we are in the A wave. the last part of this wave which is evidently an impulse structure is a 5th extension impulse according to theory.
Check the chart for more information.
It's not a financial advice.