BTC | 2023 Bullish Fractal Repeating? Elliott Wave ABC CorrectioBitcoin / TetherUSBINANCE:BTCUSDTDigital_Risk_InvestmentsBitcoin continues to display structural similarities to the early stages of the 2023 bullish impulse. The yellow overlay represents the initial Wave 1 advance from 2023, highlighting a comparable sequence of impulsive price action followed by corrective consolidation. My current base case interprets the recent decline from approximately $87,000 to $76,000 as Wave A of a developing ABC correction. With that initial decline potentially complete, I’m now monitoring for a corrective Wave B recovery before a possible final Wave C decline into higher-timeframe demand. The $84,000 $87,000 region remains an important area to monitor for potential resistance during a recovery. A sustained move above that region would warrant reassessing the corrective structure. While short-term volatility remains elevated, my broader monthly and weekly bullish outlook has not changed. The fractal provides supporting context rather than confirmation, and the wave count remains subject to invalidation as price develops. The question is whether Bitcoin is establishing another higher-timeframe continuation structure or preparing for a deeper correction before its next impulsive advance.