BTC local accumulation

The last 2 days have been scary for some of you, with the king dipping strong and changing our plans. As you all know, I had stated many times in my charts that BTC would reach at least 53 - 55k to retrace then. However, I didn't expect a flash crash due to overleveraged positions. Nevertheless, I exit at 47500 (some of the profit), and I am now looking for a re-entry. So many YouTubers are shouting "BUY THE DIP"... my advice...WAIT!
Let's look at the chart and understand what just happened. We had a break of the bearish wedge back on the 24 Aug with a 19% down move...reached on this dip. The local structure has been violated with a new Lower Low created. What do I expect next?
Very short term BTC will have a small run-up trying to reclaim the 50k level. We can see a local accumulation at the 46k level, with many participants buying the dip. BTC will touch 49500, but I expect it to break the main structure and dip down to 39k, where it will find strong support and it will be ready for the next bull run.
I am planning to play this relief bounce to then sell at 49000. However, if BTC pushes above 50500 and holds, I will then look at the possibility of a new bullish scenario.
Stoch RSI, The RSI, and ChadMO are all suggesting the bounce is coming. I will enter at 45500 (belt hold pattern) or on the break of the resistance.
So be aware of this bounce. I believe the worst is yet to come....and we love dips. That's where we make money.