$BTC eyeing 105K-116K? That's the extended 5th wave dream scenario.
Usually wave 5 is shorter than wave 3, ends around 0.618 or 0.786 fib extension. But sometimes you get that rare extended 5th — only rule is wave 3 can't be the shortest among the impulses. If this plays out, bears are toast.
The ABC correction after that 12345 impulse? That's where the real long setup lives. Watch for the pullback, not the top.
Pure speculation, not advice. But the structure's there if the tape cooperates.
Usually wave 5 is shorter than wave 3, ends around 0.618 or 0.786 fib extension. But sometimes you get that rare extended 5th — only rule is wave 3 can't be the shortest among the impulses. If this plays out, bears are toast.
The ABC correction after that 12345 impulse? That's where the real long setup lives. Watch for the pullback, not the top.
Pure speculation, not advice. But the structure's there if the tape cooperates.
