It seems the correction has ended in a running flat with clear 5 waves down currently in a corrective mode to form the next leg up after C finishes
which will form the next 12.
Running flats are rare but it seems a lower low is not happening
It appears that bitcoin is currently on an expanding flat pattern in Wave 3 as the most plausible scenario.
Alternative counts include
Potential Triangle formation forming.
Triangle can be invalidated if we make a lower low than A (could be expanding but unlikely)
or if we have another complex correction
5th of 1-2
We could be completing 5 waves up for a 12...
After a massive 3-3-5 flat correction, Small Love Portions is ready to begin its rally.
Wave C = Wave A at 100% fib level with typical momentum divergence for wave C indicating the bottom is near.
The correction becomes more clear for the second regressive wave that takes the form of an ABCDE correction.
A possible move for the final wave could be between 27k and 20k if we count the fib levels of wave 4 or even lower
if the correction matches wave 1!
Bottom could look like 18k for this final descent of bitcoin