the recent price action we have seen with bitcoin might be a red flag with the recent extended 5th wave. (we moved too high too fast and we all know from 2018 what that can do)
as you can see on a larger degree we are in a pattern that has us putting in a wave 4 and we are awaiting a 5th wave down. a also known as a truncated 5th wave is definitely a possibility here as we reach the apex of this . that 1900 dollar target is still staring us in the face until we break out of this .
the recent extended 5th wave(in yellow) has a high probability of coming back to the wave 2 (in purple)
the (in green) needs to hold or the 1900 probability becomes primary target.