Technical analysis by ElliottChart about Symbol BTC on 7 hour ago

BTC — Quantum Model Projection 4H Zoom-In | Reversal Structure The current bounce in Minute Wave ⓑ is expected to give way to a final Minute Wave ⓒ decline, completing the Minor Wave 2 retracement — approximately a -7.77% pullback — 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. 🔖 This outlook is based on insights from my Quantum Models framework. Within this methodology, Q-targets are defined as high-probability possibilities generated by the confluence of equivalence lines. These equivalence lines also act as structural anchors, shaping the internal geometry of the model and guiding the evolution of alternative paths as price action progresses.