This is an intraday technical analysis for Bitcoin, where the analyst discusses the market's aggressive reaction to news concerning Israel and Qatar. The analyst identifies several Elliott Wave patterns, including double 1-2 formations at the 0.886 Fibonacci retracement level. A potential dump toward the downside is indicated. The analyst suggests if a 1-2 pattern is present, a wave 3, 4, and 5 are likely to unfold downwards, indicating a bearish sentiment and testing area. The daily chart is examined, pointing to an aggressive wave C targeting $67,000, after what he considered the completion of a bull run, the analyst presents a bearish scenario for wave C (1-2-3-4-5). The analysis allows that a ending diagonal for one more wave to the upside is possible in the future, and it requires more testing but the principal scenario presented is the bearish.