I have to disappoint you, it will fall over the lower border of your channel. Because you have to look at the whole trading history (Bitstamp) and preferably a logarithmic chart (log). In addition to channels, there are global parabolas. Also, look at the price action within two-year sectors. Do you know how that works? There is a 4 year cycle between the halves of the reward for a good block. Half the cycle the price goes up, half the cycle the price goes down. Most of the way through, the price is already down. But there's one last treacherous stretch left. To beat the soul out of those who are building a bright path. ;)
In addition to channels, there are global parabolas. Also, look at the price action within two-year sectors. Do you know how that works? There is a 4 year cycle between the halves of the reward for a good block. Half the cycle the price goes up, half the cycle the price goes down. Most of the way through, the price is already down. But there's one last treacherous stretch left. To beat the soul out of those who are building a bright path. ;)