BTCUSDT due for a potential bounce

Updated
A potential bounce from here might happen. Lower EMAs have already crossed the higher EMA.
I am seeing this as a retest before the bounce. Should this be the start of an Elliot Wave?
What are your insights in this? Cheers!
Note
It perfectly bounced into the 200EMA. Let's see if this weekly candle will close above 30k. If it did, we should see some more upward movement.
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