wave correction may end, if BTC break upper channel In last idea, I think it's in Wave C ( wave must have 5 subwaves) I guess it's diagonal wave The market will answer everything
wave counting must not have bias market will correct you !!!
Overall, this is part of C wave(wave 1 to wave 2 --> A:3 to B:3), AO indicated bearish divergence Total C wave must be impulse (5 waves) --> it's time to back in channel for continuing 3 wave of B End of correction target to 61.8% of Fibonacci retracement from big wave1
In TF 1H, more obvious strong wave B wait for market answer...
In my opinion, BTC in correction trend ( A, B, C) nowadays, It's in B wave (strongB?) and RSI bearish divergence I'm waiting for market comfirmation ...
BTC (now in wave C) may retrace in 50 or 61.8% area of fibonacci to complete Elliot wave cycle