Bitcoin (BTCUSD) has been on a non-stop rally following the April 07 2025 rebound on its 1W MA50 (blue trend-line). Being inside a 3-year Channel Up since the November 2022 market bottom, that was the second time it rebounded on the 0.236 Channel Fibonacci level.
The previous one was during the last Bullish Leg, which was a +106.37% rise, absolutely symmetrical with the Channel's first such Leg in late 2022 - most of 2023.
If the September 2024 (Higher Low) on the 1W MA50 was the start however of a greater expansion Leg similar to late 2023 - early 2024, which delivered a +197.23% rise, we can claim that by October we may see it peaking at around $155500.
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