๐ Bitcoin's Real Target: Is $200K Closer Than We Think? $BTC
Letโs talk Bitcoin resistance but from a different lens. Most of us watch linear charts to track BTCโs price, but those only show absolute price changes. If youโre serious about spotting long-term targets, itโs time to shift your vision to a logarithmic-scaled chart.
๐ Why? Log charts compress big % moves and help reveal clearer, more reliable long-term trends.
According to a recent analysis connecting the 2017 and 2021 bull market tops, a log-scaled trendline shows that the next major resistance for Bitcoin could be around $223,000. This isnโt just hypeโitโs a data-backed projection aligned with BTCโs historical exponential growth.
So is $200K just another moonboy fantasy? Not quite. Itโs actually where resistance naturally forms if we follow Bitcoinโs long-term trajectory on the log chart.
โณ Will we hit it this cycle? No one can say for sure. But one thing's clear: long-term BTC holders and smart analysts are watching this level closely.
๐ Are you?
