Since we said that the 82300–74968 move was a correction of the 57800–82300 rally and had already ended, BTC has risen steadily from 74968 to 87396.
This is a standard daily-timeframe rally.

BTC is likely to end its more than ten days of sideways trading this week, so we should pay close attention to the following:

If BTC does not fall below 82563 again this week, or if a daily candle closes above 86360, we can assume that the 87396–82563 move was a daily-timeframe correction of the 74968–87396 rally and has ended. If the 87396–82563 move is confirmed as the entire correction, it would be a strong correction.
Under this scenario, the rally from 82563 is on the same timeframe as the 74968–87396 rally; both are daily-timeframe moves.

If BTC falls below 82563 again this week, but stays above the blue 2/1 Gann angle line—around 79780–80100—we will continue, for now, to view the decline from 87396 as a correction of the 74968–87396 rally. A further break below 82563 would make this a complex correction. Once its endpoint is found, the subsequent rally would also be on the daily timeframe.

If this is only a daily-timeframe correction, it will most likely end this week, as its duration is already close to the limit for a daily-timeframe correction. If it does not end this week, consider the possibility that the correction is expanding to a higher timeframe.

In mid-June, I noted that the interim low was likely to occur from late June to early July. BTC then fell to 57800 and staged a V-shaped rebound ✅

On August 21, I clearly stated that 79500 was not the end of the rally. BTC then continued higher, reaching 82500 ✅

On September 18, I pointed out that 82300–74968 was the entire correction. BTC continued higher afterward, reaching a high of 87396 ✅

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