Hey @ew-and-patterns
Looking at your 4 hour chart it would appear that wave 3 in C is also invalid as 4 cannot overlap 1.
However im thinking along similiar lines but that we are being setup in an ascending wedge for bull run to finish wave C before the bigger drop to 7k:
Hoping this is over soon as quite a few of the alts are hesitant to move anywhere with BTC's path unknown!