Currently BTC is on Optimization Phase of Psychology of Market Cycle, Below is the WYCKOFF phase during the bear market and current position on the EWT 3rd leg base on Weekly TF, still waiting for the pullback from the range of 43k to 45k (4th leg) and expect to go up to form the 5th leg
Possible formation of Wave 5 on EWT with the accordance of the target of Bearish Cypher, Overlapping of Bullish Cypher (H4) on Bearish Cypher D1 and the same target resistance. Wyckoff also indicates UTAD same on harmonics and EWT