BTC and Elliot Wave

In my opinion there are 2 scenarios

If the last high hold, it means that wave B is over and price formed wave 2 from the Impulse down.

If price break the last high and make a new swing up, this will be the start of the new Impulse down.

We are still in down trend and price is very bearish on higher time frames.
Trend AnalysisWave Analysis

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