Bitcoin continues to respect its logarithmic ascending channel that has defined every major bull and bear cycle since 2015.
Each cycle top has historically aligned with the upper blue trendline, marked by sharp rejections (red arrows ๐ด).
Currently, BTC is pushing within a steep short-term channel, mirroring previous parabolic phases.
If the structure holds, we could see a final push toward the $300,000 zone, which aligns with the channel resistance โ potentially marking the next cycle top.
๐ This chart captures the bigger picture โ filtering out short-term noise and focusing on the rhythm of Bitcoinโs long-term cycles.
Do you think this cycle will end like the last two? Or are we in for something different?
Trade at your own Risk ๐
Best Regards, Trade Cryptocurrency.
Stay Tuned for Further Updates.
