SUMMARY
So, going back to the below fractal series for Bitcoin (BTC), it's quite clear that price breached out of the symmetrical triangle now for the third time in a row. This breakout has been, thus far in an impulse motive.
This chart contains the five subwaves of wave 5 (white). IF this is correct, then the wave 5 would be a bit extended; though not greatly. That should mean something to those who know the dangers of an extended 5th.
On the longer term perspective, the five wave completiong would complete the right side wall of the Cup formation. Then the correction which should coincide with the handle portion would have price retrace 0.618 or even 0.78 Fib zone. It would be the correction needed to prime for the next run up to perhaps all time new highs into early/mid Fall.
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