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 ....