SUMMARY
I had written about GAS/BTC in early January with a target of 0.0087 BTC. The below chart was used and basically the likely completion of the correction was called and an initial impulse (subwaves of white wave (1) was spotted.
Currently, the Cup & Handle is well formed and price as breached the upper line of the handle formation. I've also raised the wave target to 0.01458 BTC. The vertical nature of the breakout is likely generating the early subwaves of white 3. GAS clearly needs to establish a level higher than prior wave 1; e.g., higher highs.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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