BTCUSDT Perpetual Contract
Long

The larger Wave ③–④ structure

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Bitcoin 4H Chart Analysis

Currently in an ABC correction within the larger Wave ③–④ structure.

Wave B completed around the 0.786 Fibonacci retracement of Wave A.

Wave C is now unfolding as an upward move.

Within Wave C, the internal 5-wave structure is in progress.

Wave ③ of C has completed, followed by a trigger divergence and RSI resistance.

Currently in a Wave ④ pullback.

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