Bitcoin - Long-Term Log View - Targeting 200k 🎯

Hello TradingView Family / Fellow Traders,

🖇Following my last BTC Monthly log view analysis on November 11, 2022, we anticipated the bulls taking control after rejecting the lower green trendline and horizontal support.

What's Next?

📈 If the current all-time high (highlighted in red) is surpassed, we anticipate a 254% increase, mirroring the last bull cycle. This aligns with the upper boundary of the green channel and the 250k round number.

⚠️ However, the journey may encounter bumps, leading to sharp correction movements to shake out weak hands.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr