This seems reasonable to me, within 448 days from now (by May 5 2025) you will most likely see bitcoin between 120k -130k. This falls in line with historical log data, it even looks right on the chart and it includes a halving event.
The 200 week and the 300 week are the guides, the mean. We are above all the key moving averages right now and in a technical bull run. I'm rooting for bitcoin to go crazy in 2024, Adam Back says 100k before halving, that would be crazy.