Most of the information has been annotated on the chart.
A little surprised with the btc movement the last week. After a very bullish run btc needed to correct, was taken a little bit by surprise with a truncated 5th wave to end a very impressive run.
I think it is very likely that 7800-7700 hits before we can make a run upwards but we can see an early bounce or the very beginnings of a first wave from anywhere depending on how this final correction plays out.