BITCOIN PRIMARY CYCLES
Over the next 12 months, we're all presuming the BITCOIN is going much higher, therefore you want to be BUYING the DIPS
Those DIPS will always be the YELLOW LEVELS in the monthly time frames. (1st May 2020)
Bitcoin remains above support levels and also the 2020 50% level at 8225
The Weekly Regression is suggesting weakness or at least favouring a move downwards into the JUNE 50% level, which will be validated not on Monday but the week after.
Therefore if its' above 8700, then there is an expectation that BITCOIN will move towards 14914, once it cracks 10,000
Below, and it will dip down into Support at 7661 (but back under 2020 50% level)