Can the price of bitcoin keep going up within this channel like it has been?
(Source: https://twitter.com/CryptoYoddha/status/1790666070426267783/photo/1)
I am guessing not.
If you look at the highs there, instead of rising to the top of that channel, it looks more like it is rounding out.
If that is the case the high of this cycle is more like $140k, as opposed to $300k or something like this chart is point to.
Hopefully I am wrong though and we just keep going!