BTC | 4H

Bitcoin all time history index INDEX:BTCUSD

ElliottChart

BTC — Quantum Model Projection
4H Zoom-In | Reversal Structure
BTC has declined 4.3% as outlined in the previous analysis, and a further 4.44% drop is expected — completing the remaining portion of Minor Wave 2 retracement toward the 0.618 Fibonacci level, the primary zone for structural completion.
The reversal thesis remains favoured, with the Leading Diagonal still the most probable early-wave formation—an origin phase of the Primary degree uptrend.
Notably, from my perspective, BTC may be in the initiating stage of Primary Wave ⓹ within the 2nd Cycle (the fifth wave of Wave III).
🔖 This potential reversal has been projected since Nov. 15 during the BTC decline.

source https://www.tradingview.com/chart/BTCUSD/IpqkQO0O-BTC-4H/