Bitcoin could not break above the yellow trend line. BTCUSD is holding support, showing a pullback since Thursday. Analysis suggests a WXY structure, a complex correction with three wave patterns rather than a normal ABC pattern, focusing on 3-3-3 wave patterns with the X wave possibly forming a triangle. Crucially, the speaker identifies 114471.71 as the 78.6% retracement level. The analysis wants to see an upside reversal, momentum, a level broken near 117070 to suggest the market is changing. The 112k level must hold to keep the upside in place.