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#Bitcoin now moving its way through the red bands of the Log Regression Curves, but it hasn't hit any important point just yet.
If it were to visit either of the bands above today, the prices would be:
Layer 6: 108.5k
Layer 7: 151k
That 109k price target is familiar...
As I always like to state, these bands were created before both tops in April and November 2021 and called them both in real-time without retrofit.
If layer 7 marks the cycle top once again this cycle, it allows for a price of about 180k in late 2025 according to the fitted extensions.
Onward and upward!
If it were to visit either of the bands above today, the prices would be:
Layer 6: 108.5k
Layer 7: 151k
That 109k price target is familiar...
As I always like to state, these bands were created before both tops in April and November 2021 and called them both in real-time without retrofit.
If layer 7 marks the cycle top once again this cycle, it allows for a price of about 180k in late 2025 according to the fitted extensions.
Onward and upward!
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