vertical 4

crypto time. Um same routine go through two uh more verticals today. Uh have a lot of names in those verticals. One of the verticals has done well. The other one is the only one down year-to-date. Uh and I'm going to start this off with some technical side cuz I can tell people are getting a little

impatient now with uh with Bitcoin and the entire crypto space. So, let's just go through this educational informational informational video. Okay. Bitcoin, um big rally. Now, we've been consolidating and we're still well above the 200-day moving average. And like I said on one of the earlier videos, uh I hope we don't pull back to here.

It's possible. More likely scenario is exactly where we are right now. Uh this will be Elliott Wave 101 for you. Uh we look for five waves up, impulsive, three waves down. Uh 1 2 3 4 5 and then A B C A B C. Um this is a- as textbook as you can be in Elliott

Wave Theory for me. Um and if this is right, the next move will be the biggest one. And I'm going to take you through why that's important. The main reason is when you see stuff like this, this is impulsive impulsive. This is literally like you're flowing against the normal stream. There's buyers that keep coming in. We were

holding 80,000 as of when I took this uh snapshot this morning. This is Monday morning. It was down around 79.5. So, Bitcoin technically looks good that way. Here is an E wave chart uh done by Bloomberg with the exact same count. You can see how obvious it is. 1 2 3 4 5 and now a correction. These bars

here, this is the prior fourth wave. I'm not going to take you through it, but somewhere in this range of 75 to 80 is where a normal correction would be. Uh from a how much of the entire move have we corrected? This is a Fibonacci retracement side. We hit kind of the first necessary thing. Now we're in this