The institutional sentiment that sprung up BTC to current price levels have been cooling off with Elon complaining about BTC mining efficiency and Jack Dorsey announcing pausing in further BTC purchases the overall sentiment is pretty much stuck at neutral for BTC. We may be in for a multi month consolidation in the current levels in some sort of complex correction. I'm leaning towards a wxy correction with abc to triangle and a final impulsive flush down for a shakeout before further upside. This market structure makes sense to me since other coins have been performing exceptionally well while BTC has been stuck in a range. ETH has such bullish fundamentals coming up during summer while other ALT/BTC charts looks like in continuation mode after correcting. We may see lower low in BTC.D which I didn't expect but makes total sense, since large amounts of innovation and new tech/coin launched in the past 3 years while not enough shitcoins died. Under the media faze, there still seems to be institutional buying going on at these high 40's level as shown by weird price action on Coinbase, where Coinbase consistently gets 100~500 premium during bounces while large amounts of BTC are being transferred out of Coinbase to cold storages. This doesn't mean we can't go below current levels but when we do it will most likely be in a swift fashion with V bottoms since it will most likely be protected by large institutions. If BTC does follow such side way action for the next couple months we may see some ridiculous blow off tops during any sort of BTC upward moves. With everything said, the froth in Alt market is real, Doge coin constantly in Top 10 and bunch of Doge knockoffs launching everyday screams tops, but I personally think we have some more leg and that final push would be face melting but needs to be sold into.