BTCUSDT Analysis by @qriptal

The analysis reviews previous Bitcoin predictions, noting the accuracy of a prior pull-back projection. The analyst emphasizes the potential for a final wave five to create a new high. A support level around $116,000 is identified with confluence from a one-hour order block, volume profile's value area high, and a weekly pivot. It advises against longing Bitcoin if the price drops below this support and identifies a potential four-hour imbalance open level as an alternative, weaker support. If the $116,000 support holds the analysis expects a move towards a new local high.