Well, bitcoin is still in the process of consolidating the flat running pattern, according to Elliott's long-term analysis.
The last wave pattern is 3 waves that will most likely be returned as a harmonic pattern. Especially in the weekly macd, we also see divergence.
However, this last wave can drop something like 50% with a lower probability than the first wave itself, in which case our main pattern will be extended and we will not have a new ath.