WARNING: is Bitcoin now going to CONFIRM a TREND down?

WARNING: is Bitcoin now going to CONFIRM a TREND down?

 

today guys we’re going to be jumping back down into the world of bitcoin, taking a look at the most recent price action .

stay up to date with everything that we do here at g crypto, if you haven’t yet join us in discord, why not check it out? Linked in the description down below it’s a fantastic community, talking, crypto, 24, 7, it’s completely free and I. Don’t think you’ll be disappointed by what you find down there. So why not go ahead and check it out? Okay, let’s um! Let’s jump right down into this one and take a look at what’s been going on when it comes to bitcoin kind of following on from yesterday’s video, we are tracking a potential five wave structured move to the downside. Okay, this is a potential move. It’s not something that has been um cemented in yet so we can still of course, just rally on up, as per our previous analysis, heading up towards 27 to 28 000, but it would be very irresponsible to ignore the structures that are starting to emerge here. So we should pay attention specifically to just this area and see how this kind of goes and then what I’ll do is I’ll tag up the area that would actually confirm that we are in a five wave structure: okay, so and from yesterday we’re kind of talking about you know this area down here, and this is the one that we kind of hit.

 

Originally. This was 22 600 to 22 969 and then we’re scoping out a potential micro, five wave structure that would be between 22 654 and 22 000. Five uh 22 726 right in there. Now, if I zoom in here quite a big, if we zoom right on in uh right in here, you can see that this wick right here- hopefully you guys- can see that entered into this range. This basically means that we have completed a fifth wave structure to the downside, that is this little fifth wave right here. That is done. Okay, now we haven’t yet finished I, don’t think um our actual bigger move. Okay, so that’s going to be that mark that way three finishing there. Okay, this puts us into a wave four situation at the moment and then we’ve got to come down into a fifth wave.

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