The analysis focuses on Bitcoin's intraday patterns, noting the upward movement since the September low. The analyst treats the recent move as a corrective move to the upside but considers the possibility of it turning into an impulse in the white scenario. For a full-scale five-wave pattern to the upside, at least two more highs are needed. Currently, the move to the upside is treated as a three-wave move, labeling the movements as wave one, wave two, and then five waves in wave three. The white scenario anticipates a five-wave move, which might eventually become another wave one, potentially setting the stage for higher prices. An estimated failure price would be 113304.00.