BTC done or extending the 5th

In Elliott Wave Theory, an **extended 5th wave** occurs when the fifth wave of an impulsive wave structure elongates beyond the typical proportions compared to waves 1 and 3. This often happens in highly trending markets, where the final burst of momentum is driven by exuberance or panic. Here’s a possible comment:



"The extended 5th wave suggests that the market is in a phase of extreme sentiment, often marked by emotional buying or selling pressure. This extension could indicate a climactic end to the current trend, with potential for a sharp reversal or corrective wave following its completion.