On the monthly timeframe, you can see that the price fell out of the upward channel, returned to test it from below, and then will form a new ascending channel, on the lower level with a lower angel. Otherwise, if bitcoin continues to grow at the same angle, it will cost $180k this year, but it's unlikely, isn't it?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.