$BTC BTC: On the Bitcoin chart, the white scenario appears to still be under control, at least in the short term, as the current movement continues to unfold as a correction.

At this stage, we have likely reached the last opportunity for the bulls to maintain the yellow scenario. The pullback occurred in three waves, which could be represented as a WXY structure, as shown in yellow, but considering the overall price behavior, I cannot fully trust this count.

From a structural standpoint, the white scenario at this moment offers the clearest interpretation, according to which the market may be moving through wave C downward. In fact, the market behavior suggests that we may already be in the third wave of the third wave of decline, which, if confirmed, would significantly increase the pressure. (continuation in the next post)