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BTC Wave 4 Bounce Looks Like a Trap! Is it?

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BTC is still moving inside a clear corrective channel, with the current bounce likely forming wave 4 before one final drop toward the 1.618 extension near 79,650. The highlighted red zone shows a potential trap area where price may lure traders into thinking a reversal has started. Until BTC breaks above the channel convincingly, the broader structure still favors a wave 5 decline. The wave count from 1–2–3 supports this final leg down before any major recovery.

Stay Tuned!
@Money_Dictators
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