Maximum absolute that is still possible (extreme): ~97,585 USD

End peak of the Elliott impulse (Wave 5) = 95,758

Correction wave down to the lowest = 92,800

Length of the first correction wave = 95,758 – 92,800 = 2,958 points

110% A 2,958 × 10% = 295.8

95,758 + 295.8 = 96,054

138.2% A 2,958 × 38.2% = 1,130.5 95,758 + 1,130.5 = 96,889

161.8% A 2,958 × 61.8% = 1,827.8 95,758 + 1,827.8 = 97,585 (extreme)

This is the extreme limit but still technically acceptable, and Bitcoin should respect this limit in the correction cycle, as we are in a downward correction phase in an upward trend, which is a correction for the drop after the rise to 95k in the larger picture, not an upward correction after a decline or an upward retracement. We have passed it with 74k rising to 95k.

An upward retracement also has its limits in the correction structure if internally it is still in the correction phase. So this number is the absolute maximum extreme that can be accepted.

This is already extreme, if it exceeds this, it means I have to reevaluate everything. $BTC