BTC Has completed the 5 waves that we mapped out from back in December. This is why we map out the larger cycles for a longer term plays, taking our profits along the way and rentering where suitable. Right now the RSI is way over bought. The completion of the wave 5 waves usually results in an ABC retrace, a suitable retrace would be the 200 EMA around the $4700/$4688 mark. A further retrace to $4300 would retest the trend. My feeling is we will retest the $4500 mark. We have finally broken out of the daily red cloud which has been resistance for a long time, this is a big deal. Now watching this week to see what happens. Now is not a buy time, dont fomo.. this is a sell position for those who entered our trade signals back at $3500.