Bitcoin Update 08.05.2024

A.O.A and Good Morning to All Brothers and Sisters!

Bitcoin Continue Downtrend for Retracement. Yesterday Candle Closed under First Reversal Point(Arrow#5). My Theory remain On same Point. P Wave(Arrow#3&6) is Still Valid. And I Wait Breakout of These Level to Know the Direction of Trend.
Yesterday Candle Is Closed Under The Level of Three days Movement. And If Confirm. Then We Will Touch The The Bottam Of Black Area.
Second Reversal Point is Changed A Bit For This Week. Nee Level Is 54275. Alts Move On All Jumps Of Bitcoin.. But Real Signal I Will Start When Bitcoin Touch Second Reversal Point.
Wish You All Very Nice Day.