BTC completed Wave 3 of its impulse wave in mid December. The wave started back in August 2024 (see orange numbers).
It is now pulling back in Wave 4 in a typical ABC correction, having completed sub wave A and more than halfway through sub-wave B. Once it tops sub wave B by first week of Jan, it will move down in Wave C all the way down to $86,000. (see blue letters)
Once Wave 4 is completed, it will reverse to complete Wave 5 with a top of 115,000 by mid February 2025