Analyst: Bitcoin Is a Bull, High Possibility of $5,000 by May

With Bitcoin constantly testing a big resistance zone price predictions are coming thick and fast. The longer BTC stays below the $4,000 barrier the more likely a move to the downside will occur. Some analysts however think it could well move above this in the coming months.
Bitcoin in Bullish Territory, Above 0.5 Fib
Over the past week Bitcoin has been trading steadily higher above $3,900. However, BTC has failed to break this level since late February when it hit a monthly high of $4,200, but