Looks like a triangle is shaping up before we resume the uptrend to find a C wave top of the B wave of the full correction since the $1163 high. However, if we break the ~$380 level, BTC will likely resume the downtrend straightaway.
I still don't buy the triangle - Here's why:
In a triangle formation, at least in terms of EW (not sure if that's what you practice), each subwave of the triangle must subdivide into 3's. And it works.. until around the end of the C. I would argue that (a) on your chart you prematurely place C, I would put it further up where we come in much closer range of the rising trend line; in the event that wave C actually finishes a little further up where I mentioned, I would then argue (b) wave D is in no way a 3 wave structure.
Now, couple these two points with the fact that literally everyone and their mothers are tracking this triangle, and I would say there's a good chance it doesn't play out.
Still may though
