BTC has formed into a clear zigzag pattern and it appears we're at the end of wave-c. Wave-b is an irregular failure flat which means wave-c had to be at minimum larger than wave-a in price. This minimum target has been reached and we've also reached the time target for wave-c (0.5(a+b)=c). Short-term momentum, harmonics and fractals are also indicating a top has formed.
Difficult to say what comes next other than that this looks like at the very least we'll get an x-wave and go under 40k. Worst case scenario for bulls would be a full retracement of this bounce but that seems unlikely. I am leaning more towards a higher low before we really start to climb back towards 50k+