During this bear market, the price of bitcoin always dumped after touching the 25-bar moving average on a 4h. Look at the chart below and see all the arrows. Right now the price of bitcoin is right at that level once again. If the 4h closes above the 25-bar moving average then it would mean the fifth wave is over and we have a completed decline from 64K to 29K and we are due for a relief rally. However if price dumps tomorrow again then we are probably headed much lower, like 20K. The fifth wave has now declined -30%, which is similar to the first wave with -27% so it meets the requirement in terms of duration and amplitude of correction. Watch the next couple hours as it will decide where are going next!