On the chart, I indicated the approximate price movement for Bitcoin. Currently, we are heading towards the upper boundary of the channel, around 70,900, give or take. Then, I believe there will be a correction to around 62,000, from where we will start a full-fledged rise to the range of 80,000-83,000 dollars. Possibly, we might go higher immediately to 91,000-116,000. I think 116,000 will be the peak for this cycle.
