BTC | DailyBitcoin all time history indexINDEX:BTCUSDElliottChartBTC — Quantum Model Projection Transition Phase Underway | Corrective Structure📉 Ongoing Bitcoin appears to have formed its near-term top, as previously highlighted in the May 5 analysis. The upper extreme of the transition phase extended slightly beyond the HPQ-Target of $80.7K, aligning with the interpretation of Minor Wave B (completed) within a potential Expanded Flat correction as Intermediate Wave (2). Within this broader transition phase, price action is currently holding at the HPQ Target of $79.5K while continuing the retracement through Minor Wave C toward the anticipated 0.5 Fibonacci retracement level ➤ $71.4k As previously outlined, the corrective sequence is still expected to unfold as a relatively simple formation, remaining consistent with the broader transition phase projected since February 6. Structurally, this may serve as the necessary reset before the emergence of a larger impulsive📈 extension phase. 🔖 Outlook is derived from insights within my Quantum Models framework. #Crypto #Bitcoin #DigitalAsset #QuantumModels