📉🚀 Is Bitcoin's Rally Over? 🚀📉

🔹 The drop off Wave-I's high is slightly larger than Wave-F, the biggest drop of the entire G-wave rally.

🔹 This enhances the odds that Bitcoin has peaked for an extended period.

🔹 If Wave-G is over, Bitcoin could be in for a bad couple of years!

🔻 The decline off this year's high is larger and faster than Wave-F.

🔻 The odds are Bitcoin has topped for the rest of 2024.

🔻 Consequently, a much larger decline later this year is now in play.

🔮 Based on wave structure's outlook, expect a serious governmental crackdown in the next 1-2 years.

🔮 Governments may realize that financial decentralization via crypto will seriously threaten their ability to tax and spend.

What are your thoughts on the future of Bitcoin? 🤔 #Bitcoin #Crypto #BTC #CryptoWatchMay2024