Trade Review - 10x Leverage - 71% gainBitcoin all time history indexINDEX:BTCUSDFaux_HubrisThis is a trade review — see my previously published idea for the original setup. Higher-degree context (not shown): My broader wave counts frame Bitcoin as building a series of nested 1-2s targeting an explosive upside breakout in 2027–2028. The January 2025–February 2026 range was a time-consuming expanded flat correction — intermediate-degree Wave 2. Price since then has been accumulating within nested 1-2 structure, now setting up the fourth 1-2 — a powerful minor-degree Wave 1. Original Trade Setup: Medium time frame outlook: My High degree BTC wave count: Chart walkthrough (left to right): Nested 1-2s: The C wave down unfolded as a 1-2, 1-2 setup, which tells us to expect an equal number of 4-5s to complete the move. The 4-5s and bullish divergence: After the first triangle Wave 4 completed, I exited my short and monitored closely. The subsequent price action appeared corrective rather than impulsive, confirming an additional 4-5 was still ahead. The final 5th wave was a clean five-wave move down, close enough to trend support for an aggressive entry if one chose to do so here, placing their stop loss just outside the channel. Bullish divergence on the hourly printed as anticipated in my prior idea. Entry: After the final 5th wave, price touched the trend channel and then gave a clear five-wave impulse up followed by a deep Wave 2 correction.Here is the safer entry after seeing 5 waves up and a corrective structure down. I gave my stop some room below the low to account for a potential liquidity sweep, then tightened it to the low once price broke the previous high. Trailing stops: I moved my SL below each new swing low, then raised it to sit just above that level on new highs — keeping it tight enough to protect gains while avoiding low-liquidity sweeps. Capitulation volume: The volume spike signals short-seller capitulation and was a strong reason to begin exiting. Exit: Placed just above 75,900 — intentionally avoiding the 76,000 round number, which likely would have caused a fill issue. Caveat: One more high toward channel resistance just above the previous swing high remains possible. At that level there's a kamikaze short argument — but I won't be taking it. I'd rather see price break the channel to the upside, fail, and then enter short on the return back inside the channel as it flips to resistance. Current price action off the lower timeframe channel touch is ambiguous on lower time frames — I lean slightly corrective with more upside to come, but this is low conviction. Outlook: If this was/is subminuette-degree Wave 1 (yellow), we should expect a correction into the 0.50–0.786 retracement range. In EWT, alternation between Wave 2s and 4s is well-established — in BTC it's practically a rule. There's also a tendency (less certain) for alternation between nested Wave 2s. The first Wave 2 was a simple ABC zigzag, so this correction is more likely to be a WXY or ABC flat. If it develops as a flat or expanded flat, the C wave offers a quality short setup. Watch for one or two more highs on declining volume as B wave candidates.