BTC might have seen a retracement on Thursday (30th April, 2020). If it breaks above 9160 area, then we can long BTC to 9560-9980 area. Otherwise, I still hold on to the fact that BTC will drop considering the stop hunt.
BTC will drop but what are we to expect? Currently, it is resting on 8.6k to 8.5k area of support. If that support area gets broken past 8.5k area, we will see BTC drop further to 8.3k area (short). Mostly, the halving has had an effect on the cuurent price of BTC but i see a correction here.
BTC may touch 9k area before close of the day which can see a retest within the area of 84-82 area.