Bitcoin (BTCUSD) Short Term 5 Swing Bearish Sequence Favors Lower

Bitcoin (BTCUSD) decline from 4.14.2023 high shows a 5 swing sequence suggesting further downside can't be ruled out. A 5 swing sequence typically is an incomplete sequence and can see more downside to end 7 swing as a double three (double zigzag) Elliott Wave structure. Down from 4.14.2023 high, wave (a) ended at 26981 and rally in wave (b) ended at 29851. Wave (c) lower ended at 25800 which completed wave ((w)) in higher degree. Up from there, wave (a) ended a...