It's as simple as ABC
First and foremost I am not suggesting that this scenario is/or will play out, but looking at the macro for BTC anything is possible, also there is a whole bunch of liquidity below us now that the market maker would like to get their hands on. Also as you can see in the thicker yellow ABC we have both the A wave and the B wave having ABCs inside of them which could or might indicate that the move is nearly complete...trade safe Cheers
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