Bitcoin update 2 May

Quick pattern share

Someone pointed out a previous cycle to me, and the current structure is playing out exactly like that pattern so far. It suggests:

• Monthly high between May 3–5

• Monthly low around May 26

Doesn't mean it will play out exactly the same — but it's likely. We follow the structure.

Earlier today I noted that a break above 78,400 would target 79,000. That move happened.

If we break above and hold 79k, next targets are:

➜ 80,700➜ 82,800

If we reach those levels in the next few days and get rejected, then this inverted cycle pattern becomes something to seriously consider.

Watch the rejection levels closely.

Bitcoin Astro