BITCOIN - Short Idea Video - Head & Shoulders - Triple Top...

We've breached the support level, signaling the end of the upward trend, and I delve into the various factors contributing to this shift in my latest video. I also discuss the reassigned labels for the Wave 2 count; in my perspective, a downward expansion indicates a weakening market. The attempt to rebound with two separate 5-Wave moves, interspersed by a zig-zag Wave D, suggests that the bears are gaining control. In times of crisis, there's potential for profit if you have a compelling reason to short, particularly during declines.

Anticipating this move to coincide with a global recession, it presents a rare chance to purchase assets at more affordable prices. Rather than viewing it negatively, see it as an opportunity – embracing both the favorable and unfavorable aspects.

A confirmation of Wave 3 downward will materialize with a break below $41,620.