possible wave (IV) correctionBitcoin vs US DollarPEPPERSTONE:BTCUSDJAG_TraderBTCUSD on the 4H. From the ~57,700 low, an impulsive structure can be seen that may have completed a wave (III) near 87,200, where price met resistance and broke below the ascending channel. The current sideways-to-down movement fits a corrective wave (IV). Reference zones: 🔹 70,600 – 67,600: possible support zone for the correction, aligning with a prior horizontal level. 🔹 87,200: resistance, high of wave (III). 🔹 93,600: upper reference if a wave (V) develops. If price clearly breaks below 67,600, the count would be invalidated and would need to be reassessed. The yellow drawing is just an illustration of the possible path. ⚠️ Opinion for educational purposes. Not a signal or financial advice. Do your own analysis and manage your risk.