Bitcoin short term: Leading diagonal -start of downtrend

Looks to me like the correction to the upside has finished for now and we have started a leading diagonal to start us on the new trend down. Look for one more leg down to the 5th of the leading diagonal before a correction to the upside, which gives us the wave 2 of the new trend down.

Not trading advice, purely educational EW.

No price targets in chart.

Commento:

Progressing nicely: