There are no significant changes in the Crypto market. We still see some intraday recovery, but with prolonged price action. It still looks like a corrective movement, so we still have to be aware of another, maybe final decline, before the Crypto market finds a bottom.
Bitcoin, looks bearish in the 4-hour chart, so we are still tracking a five-wave cycle within wave (C) or (3) that can send the price at least down to $30,000 level for wave (C) if not even lower for wave (3). Keep in mind that bitcoin is bearish as long as it's trading below the strong trendline connected from the highs and below the $43,500 level.
