Here the BTC update zoomed out. As mentioned, it probably is happening a bit faster than anticipated, but up to now it's following the 4th Elliott wave. Seeing the speed, 5th wave might start earlier than drawn.. Let's first see it break the downward channel..
Seems to be following the Elliott 4th wave so far. Though maybe a bit faster than anticipated.. Let's wait until it breaks the channel after he 8k bottom for more confirmation