BTC: Pray for consolidation

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A 5th wave up here means sure death. It wont have the legs to move past 100. But never say never so there is a very small chance we can touch 150. Selling in may seems to be the right idea here. Check back in around june for the spring to 150k around election time. Check for elliott wave below
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we need expanded conformation and proper support at this level for months to get past 100k, which we will probably see in a fake, labeled blue, also wave 4..
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but straight up from here is not good. thats what i mean when i say 'A 5th wave up here means sure death.'
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coiling up i think we are ready to pop. recent analysis on most recent btc chart (on my page) indicates 58.8 as suitable bottom.
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Whipsaw coming as bitcoin consolidates the 50-60k level
my idea was calling for another $8000 drop to 51k; i was wrong, 58 is suitable, see volume signature below
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Chart PatternsTrend AnalysisWave Analysis

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