Bitcoin
Short

Bitcoin Short: Broke down trendline and Wave 3 down

Firstly, beware of volatility from FOMC tomorrow.

From my EW counts, I am expecting Bitcoin to crash after breaking the trendline and also riding on a wave 3 down.

On the chart, the big yellow 1 & 2 are the cycle level wave and the smaller purple 1 & 2 are the intermediate wave counts.
Elliott WaveTrend Lines

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