Two day days ago I posted:
We were expecting one last subwave to end this correction. Since then bitcoin has broken down aggressively. This wave is part of a wave 5 of a wave 3, which can be a very big wave especially in a bear market. We're most likely halfway through the dump and expect some more downside, potentially towards the $5250 level or deeper. Other possibilities are for this wave to turn into an ending diagonal, to have an extension or to be a fifth wave failure. We must keep an open mind and keep analyzing. Stay safe!
