#Bitcoin daily chart update ! 04/25/19 9:20 pm EST
Bitcoin had a sharp drop and that raises the possibility of a 5th wave being done earlier then anticipated. We can already be transitioning into the blue wave 4 of a larger degree, but we gotta be aware of this drop being a wave 2 of an ongoing wave 5 still. For this last theory to be valid prices have to stay above the end of triangle wave E which would be the start of the wave 1 of 5 at 4970. The ascending channel is pretty much alive and we look for higher prices as long as long as we're contained within it.
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