I initially posted this on February 28th, when the price of $BTC was around 78K.
Since then, we have seen a surge to 94K, followed by a pullback to 75K as expected, and then a second rebound back to 94K.
Currently, the price is approaching what I call the 'magic line', as you can see, it has already served as a resistance level for the second time.
If we can turn this position into support and hold it for a few days, I believe BTC has a chance to challenge 130K before the end of autumn.
P.S. I usually post very few Bitcoin chart analyses—I am more of a long-term trader.
Link to my Original post on X:
https://x.com/financierfrank/status/1895442340539424998
