BTC — 8M Unfinished: 20H Pulse Stalled at the PivotBitcoin / US DollarCOINBASE:BTCUSDMoNi_MoNThere's a clean higher-timeframe pivot on BTC that hasn't been reclaimed yet, and I'm watching whether the lower timeframe has the momentum to actually get it done. HTF (destination): the 8M, 9M, 10M and 12M all share the same origin pivot — open 87,497.95. The previous 8M candle closed bearish off that level (87,497.95 down to 78,562.74) without ever reclaiming it. The current 8M candle rallied hard off that close and tagged a high of 87,397 — just 0.11% short of the pivot — then got rejected. That's the unfinished business: the pivot has not been reclaimed. 20H (pulse): I measured the swing that built that high with the ruler — low 74,887.5 to high 87,397, 13 bars, a 14.31% move. That's not a prediction that another 14.31% move has to happen — it's a distance and momentum check against what's still needed, not the reason for a target. Since the rejection, price has only retraced about 27% of that swing's magnitude, and the last couple bars have gone flat instead of continuing. The pulse hasn't shown it can carry this the rest of the way in either direction yet. Verdict: the HTF stays the verdict — unfinished, rejected just short of the pivot. The 20H is currently stalled, not confirming a reclaim and not confirming a deeper move either. If the 20H starts building down with real range again, that favors a deeper retest. If it reclaims 87,397 cleanly, that favors finishing the reclaim. Right now it's neither — watching the next few bars before taking a side.