The next stop is looking like $100k for bitcoin
Based on previous price action we should be looking towards $100k in the coming months.
Possibly a lot higher than that.
If we take the prior tops and draw a channel, we get a price around $250k.
Check this out:
(Source: https://x.com/SenseiBR_btc/status/1834536609879842829/photo/1)
That seems crazy high at this point but it can surely happen.
Bitcoin tends to go higher than most people think.
I remember when we hit $20k back in 2017, the price was about $2k and I was looking for a move to $10k, it doubled that.
Then when we broke $20k I was thinking $40k.
We went $70k.
Now I am thinking $100k, so we probably going $200k.