BITCOIN 28th April 2019 Monthly Report

BITCOIN Primary & Weekly Cycles

UPSIDE target is the yearly 50% level in 2019.

However, there looks to be short-term weakness hitting Bitcoin that should see it retest the MAY 50% levels.

I would think those 50% levels will support BITCOIN  and then continue higher once again.

(Note - could go a low at 4307)


BITCOIN REPORT 5th April 2019

BITCOIN PRIMARY & SECONDARY CYCLES

Target remains the 2019 50% level @8050.50

We can see a breakout of the secondary cycle highs at the start of April, therefore there's an expectation that the trend will continue higher during this month and also MAY until 8050.50+ is reached.

If there's weakness at the start of Next Week, then those breakout highs are seen as SUPPORT around  4400-4800

I would be surprise to see BITCOIN spike up and drop back below 4400, but ....