I still expect bitcoin to make an important top at 80,546. My confidence is based on the ease and decisiveness of the move through p=48,015. Although there was a brief stall there, Bertie not only popped through it on the next bar, it also came close to touching p2 on the bar before finishing just below it. Taken together, these factors suggest that the D target has a high probability of being achieved. Also, because there are no alternatives for the A, B and C coordinates shown – i.e., the pattern is ‘locked’ — 80,546 is likely to work precisely as a reversal spot. Meanwhile, a pullback to p=48,015 should be viewed as a ‘mechanical’ buying opportunity, stop 37,171. There are ways to cut the entry risk by at least 90%, so don’t hesitate to seek timely guidance in the chat room if the opportunity should materialize during regular-session hours. _______ UPDATE (May 5): If the latest shakedown to 56,519 was prelude to the move I’ve been predicting to at least 80,546, Bertie should push decisively past the trendline shown in this chart, and soon. It will come in around 63,684 when the week begins, with a declining slope of about 170 points a day.