The analysis focuses on Bitcoin's potential upside impulse after yesterday's low, although it's deemed small and unreliable on the current timeframe. A smaller degree structure is examined for development and convergence. A potential upside reversal signal is identified, contingent on holding a higher low during the current pullback. A prior micro 5-wave move up is noted, which failed to sustain a higher low. The analysis emphasizes that market movements are based on likelihoods and probabilities, not certainties. The analysis tracks a corrective pullback rather than an impulsive move down, anticipating it could lead to a rally towards 126,000 or higher, referencing the 178.6 extension level.