In line with the broader thought on $BTC posted yesterday (here), this local structure continues to count well as a 3-wave move. Parity between the two impulse legs (orange “a” and “c”) occurs right where we’re at now, so this would be compatible with a somewhat significant low being put in, if it wants to here.
There are other fib relationships that wave c can have with wave a, but this is the most ideal, the most “pretty.”
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