$BTCUSD Long Term chartBitcoin / US DollarCOINBASE:BTCUSDHeadsUp2021BTCUSD: This is one possible long term count. The 2014-2015 top marked a high degree Wave {1}, {2}. We've been in Wave {3} since that bottom. The 2021-2022 top-bottom completed Wave and . Wave started from that bottom. The $126K top has a 1.618 Fib ratio with Wave . If Wave topped here, then Wave cannot drop below Wave top, which is $69K. The yellow trend line may be the place to mark Wave , which is around $77K. A drop to $77K would mark a 40% pullback. However, Wave = 1.618 Wave is a minimum length for Wave . I do expect Wave to go higher. The channel is still holding. $89K area could be the bottom. If that's the case, Wave has not completed yet. My position I'm long. If BTC recovers, I'd be looking to de-risk but won't sell all. If BTC drops to $77K area, I will add.