$BTC volatility in light of record options expiry on March 26th

BTC historically speaking has some real volatile price action around the option expiration dates. I see the current move down as part of an ABC correction into the $50,500 to $52,400 region before bouncing back up to the top of the rising wedge with a fivefold wave pattern.

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Seems as it's not playing out that way. With the Tesla News the entire sentiment is too bullish for more serious draw-downs.