#BTC stayed below the blue box resistance it broke. As long as the formed Tobo holds above 61824, there is a chance for it to work.

According to the formation, it targets the 71000 level. While rising, the 67500 level may act as resistance before the Tobo target is reached. For this reason, you can follow the formation target while paying attention to the stop level.
When it stays above 67500, you can watch the 71000-75000-82885 resistance levels.
If a daily and weekly close comes above 82885, then it would mark the first higher peak according to the last decline wave. This is a positive signal that the uptrend may continue further.
If it stays below 61824, a new dip test could come and it may try 57000 again. This level is expected to act as support.
If, when the weekly close stays below 57 thousand, the likelihood of the decline continuing increases, and the drop could continue toward the 49-50 thousand support levels.