Bitcoin's $5k ABCD Pit Stop (BTC)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
512 1
Something to be aware of here, all signs point to a healthy retrace to $5000.
Not much else to say, but it would easily fit with the targets I've got in mind for Bitcoin . I am fairly surprised we haven't seen any retracements thus far in April, and it would be nice to get one now.

This doesn't necessarily have to happen, just another scenario to keep an eye on. Obviously, if you're bullish you should be long by now anyway. This probably isn't the best entry.

Just a quick update for you.

Good luck, traders.

Previous analyses:

Apr 28
Trade closed: target reached
Thank you for the insight
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