I already posted this in Your previous BTC analysis, but I'll put it here again.

I agree that one lower low (on bitfinex data) before breakout is preferable and counting the waves in lesser degree of trend shows it's quite probable. I know charting on 30m makes little sense, but still, it's what I came up with.

I feel 5th wave of C is still ahead of us and we're working on finishing wave 4 at this moment. The decline could go a bit lower, around 7200-7300, then impulse should take us up, but IMO only to about 8500-8600.

Let's see.

Cheers and thanks for all Your hard work.