Bitcoin's running flat correction appears to be a textbook example, in looking at our weekly chart thus far:
- Wave B traced beyond the start of Wave A -- higher high, higher low for Wave C
- Wave C stopped exactly at the 100% of our trend-based fib measured from 0 -> A -> B, and not as low as the start of Wave A -- looking like we found our bottom here
- Wave A moved 36.1k, Wave C moved 36k, and the most common relationship between Waves A and C in a running flat are 1 : 1 -- this is incredibly close to 1:1
Related idea linked below.