Bitcoin Daily Chart – Wave C Internal Structure Perspective

If Wave C was completed at the previous low (near the 1.618 Fibonacci extension),
the correction could be counted as a running flat, marking the end of Major Wave 4,
and a new Wave 5 impulse may have already started.

However, due to the bearish moving average alignment and 0.382 Fib resistance,
further correction remains possible.

Currently viewing the internal structure of Wave C as a 5-wave move,
with the 4th wave unfolding as a flat correction (ABC structure).

For reference, the previous 2nd wave was a zigzag.