BTC/USD - Two Possible Outcomes This Weekend

We are in a pretty tricky spot right now for Bitcoin with a conflict between the Macro(Yellow) and the Local(White) structure. Preserving the Macro structure, the correction is finished and we are ready to roll over to the downside. However, if we sacrifice the symmetry of the Macro structure, the local correction presents an incredibly viable possibility. What is important is to be aware of the place where things begin to change, as well as the reason why.

Macro
Breaking down the Macro count, we have a completed WXY that finished at the minimum, .618, extension.

What we have seen over the past few days has been the formation of an ABC as the first Sub-wave of a WXY sub structure targeting $9,000 - $8,500. The local rejection began an impulsive structure as the C wave. Now what we are looking for is a retest and rejection at the trend line to form the 2nd wave, before continuing lower.

The point where this count breaks down is a break above $10,955.

Local
Alternatively, it is possible from time to time for corrections to violate symmetry. If this is the case, then it is entirely possible to see another fairly strong move to the upside if support can be maintained above $10,300. What I am looking for is a final hit to the downside to $10,312 to complete a running flat before continuing to the higher targets.

The point where this breaks down is a break and close below $10,250.