Probably we are in a 1-2 scenario where we will see an important wave 3 developing in the coming weeks. If we don't, based on this regular flat we should see a move to the upside to complete a double zigzag structure, in both cases we are bullish at least to the last high
Bitcoin will make another high in around 1 month, then the price will drop making newer lows. If my theory is correct, bitcoin will be in sideway status around 1 month meanwhile the alts grow.
Meanwhile the price remains higher than the Red W, this theory is still alive.