$Coinbase(COIN.US)$Strategy(MSTR.US)$NASDAQ Composite Index(.IXIC.US)
#Bitcoin price fell below 65.4k last night, indicating the ABC rebound might be over. In fact, the risk was already signaled when it broke below the red dotted line in the chart. The current downtrend has formed three segments (marked by small orange waves in the chart), with the third segment being more than twice the length of the first one, and its internal structure fits a 535 pattern, making it highly likely to develop into a 5-wave pattern. The higher wave level could be either an X-wave or a driving wave.
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