Bitcoin continues to respect its logarithmic ascending channel that has defined every major bull and bear cycle since 2015. Each cycle top has historically aligned with the upper blue trendline, marked by sharp rejections (red arrows 🔴).
Currently, BTC is pushing within a steep short-term channel, mirroring previous parabolic phases. If the structure holds, we could see a final push toward the $300,000 zone, which aligns with the channel resistance — potentially marking the next cycle top.
📈 This chart captures the bigger picture — filtering out short-term noise and focusing on the rhythm of Bitcoin’s long-term cycles.
Do you think this cycle will end like the last two? Or are we in for something different?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Currently, BTC is pushing within a steep short-term channel, mirroring previous parabolic phases. If the structure holds, we could see a final push toward the $300,000 zone, which aligns with the channel resistance — potentially marking the next cycle top.
📈 This chart captures the bigger picture — filtering out short-term noise and focusing on the rhythm of Bitcoin’s long-term cycles.
Do you think this cycle will end like the last two? Or are we in for something different?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
RichTL
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RichTL.com
Telegram
t.me/thesignalyst
Best Crypto Exchange
cutt.ly/qtwKuPaJ
CFD Broker
cutt.ly/TickmillReal
Best Crypto Prop Firm
cutt.ly/Hyrotrader
Best Crypto Trading Bots
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RichTL
RichTL.com
Telegram
t.me/thesignalyst
Best Crypto Exchange
cutt.ly/qtwKuPaJ
CFD Broker
cutt.ly/TickmillReal
Best Crypto Prop Firm
cutt.ly/Hyrotrader
Best Crypto Trading Bots
cutt.ly/Bitsgap1
RichTL.com
Telegram
t.me/thesignalyst
Best Crypto Exchange
cutt.ly/qtwKuPaJ
CFD Broker
cutt.ly/TickmillReal
Best Crypto Prop Firm
cutt.ly/Hyrotrader
Best Crypto Trading Bots
cutt.ly/Bitsgap1
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
