**Bitcoin Update – Expanding Triangle in Play?**
**$BTC | NeoWave Analysis**
📊 **Pattern Recognition:**
The current chart suggests a developing **Expanding Triangle**—a rare but high-probability NeoWave structure. Here’s the breakdown:
✅ **Key Observations:**
- **Wave C** contracted vs. **Wave A** (as per triangle rules).
- **Wave D** has now **expanded 161.8% of Wave B**, hitting the upper Fibonacci boundary for triangle legs.
→ Confirms **Wave D’s emotional/directional nature** while keeping the structure valid.
🔮 **What’s Next? Wave E Expectations:**
1. **Price Expansion:** Must exceed **Wave C** and potentially approach **Wave D’s** magnitude.
2. **Corrective Nature:** Should unfold as a **3-leg move** (not impulsive).
3. **Climactic Finish:** Anticipate a volatile, emotional finale to complete the wedge.
⚡ **NeoWave Rules in Focus:**
- Only **one triangle leg** may violate contraction rules (Wave D fulfilled this).
- **Wave E** must adhere to **visual harmony**—no structural breaks.
🎯 **Confirmation Trigger:**
A well-formed **3-leg Wave E** expanding past **Wave C** would validate the pattern, likely triggering a **sharp post-triangle thrust**.