We'll know soon if this was the bitcoin thread to follow or to ignore =)
either we reverse and go bull from here, either we go to 5200, but either way a big move is in preparation, place your bets gentlemen !!!
Option 1 is not an option. Too early for a bull run. Fundamentals didn't improve much yet to justify another serious bull run now. Your option 2 looks more realistic, as well as option 3 (the one mentioned in the post above mine).