BTC Impulsive wave 3 down towards 40 k!!

Bitcoin has shown weakness since selling off at a high of $52000; of which we came down in an impulsive 5 wave count. As time elapsed bitcoin remained very weak and showed inability to regain higher prices creating lower highs and getting rejected when attempting to move higher; looking at the time of the correction and the competitive nature of the correction it appears to be a WXY correction completion at 46450 in which we know find a wave 3 forming lower in a sort of bearish pennant wave 2. With MA's crossing on many time frames in a bearish manner along with extreme weakness we can expect lower prices where can see if bulls can attempt to hold $40000-41000 area; alternative count would be an ABC 5,3,5 however both account for more downside.

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