#BITCOIN MONTHLY CHART
Since 2017, Bitcoin has consistently
followed an upward parallel channel,
respecting key upper and lower levels
over a three-year cycle.
Key Points:
✅Breaking above the middle line of
the channel typically drives the price
towards the upper channel.
✅Historically, breaking the Middle
Range (shown by broken lines) in
previous cycles led to a surge of up
to 225% towards the upper channel.
✅Currently, the middle range has
been breached and the price closed
above it, suggesting a strong potential
for continued upward movement.
✅If historical patterns repeat, Bitcoin
could potentially reach $200,000
