#BTC LEADING DIAGONAL ???



✔ There is a clear 5-wave downward ending structure into wave C
The low around 80,421 looks like your Wave C termination point.
✔ Price has broken upward from the steepest part of the downtrend

This is consistent with the beginning of a new motive wave.

The current upward movement is choppy and overlapping
This is consistent with a leading diagonal.

✔ Price is respecting diagonal resistance
Descending trendline aligns with the shape of a potential diagonal.
✔ Retracement aligns with fib levels typical for Wave 2
Price is hovering around the 0.5–0.618 retracement $BTC (90.8K–94K).
A deep Wave 2 is common following a leading diagonal Wave 1.
RSI is mid-range, not showing a strong impulsive thrust
For a Wave 3 after a leading diagonal, you would expect:
RSI breaking above 60–70
Strong momentum uptick
Right now #RSI is around 44–49, which is indecisive.
BTC-2.29%
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