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 🔴).
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 — potentially marking the next cycle top.
📈 This chart captures the bigger picture — filtering out short-term noise and focusing on the rhythm of Bitcoin’s long-term cycles.
Do you think this cycle will end like the last two? Or are we in for something different?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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 — potentially marking the next cycle top.
📈 This chart captures the bigger picture — filtering out short-term noise and focusing on the rhythm of Bitcoin’s long-term cycles.
Do you think this cycle will end like the last two? Or are we in for something different?
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
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Best CFD broker - Tickmill
cutt.ly/TickmillReal
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
Disclaimer
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
Disclaimer
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.