BTC: Wave C hits monthly support with RSI Bullish divergenceBTCUSDT Perpetual ContractBYBIT:BTCUSDT.PTheChartWhisperrWanted to share how this particular BTC read has been playing out on the higher timeframe, since it's a good example of why I don't try to predict tops and bottoms in real time, I just wait for the structure to confirm itself. Zoomed out to the 3W as it shows good granularity of wave C, the whole move off the 2022 low counts cleanly as a 5 wave impulse. Wave 3 topped in early 2024, wave 4 corrected into that summer, and made a solid & high value order block and of course wave 5 topped a few months back. Since then price has been working through what looks like a textbook ABC correction, and wave C is now sitting right on heavy monthly support, that wave 4 OB & the range lows that have held for weeks. The part I actually find interesting isn't the wave count itself, it's the RSI. There's a clear bullish divergence forming into this same zone while its as oversold as the prior bear market lows, price making a lower low into C while momentum is not pushing through that low. That's not a guarantee of anything by itself, but it's the kind of confluence I look for before treating a level as something worth paying attention to instead of just another line on a chart. I'm not posting this as a call. It's more that this is a decent teaching example of patience mattering more than being clever. The setup doesn't need me to have an opinion about where price goes next, it needs price to actually respect or reject the level before that opinion means anything. *Disclaimer* Not saying its the final bottom before up but to 99.9% of the population on earth, Im irresponsibly long here.