HTF ABC Correction Ides for Bitcoin

This is an idea I have had for quite some time but have yet to really post until the first target became close. From a HTF perspective, I had a wave count on the bitstamp chart that indicated 69k could have been a HTF wave 5. Indicating a long corrective ABC type pattern would come next. This is certainly not trading advice, but what I am looking at for the next several months.

This $20500-21k area could be the end of an A leg of a hypothetical (5-3-5). So we could look to take a long from there to appx .5 to .618 of wave A for a B target. Somewhere around $41-52k. Then possibly making a move down for the C leg. Ideally would be around 19k.

Lots of confluences given in the screenshot for the area. Wont list them all here.

Yes, that is a Hank Hill watermark.