Anyone else see a head and shoulder pattern forming on the weekly.
Every technical indicator is lining up for a 240k bitcoin.
1. The fib retracement from last cycle high to low
2. The all time, long term resistance trend line
3, weekly head and shoulders pattern
Chart it out yourself. I just don’t see how we don’t reach 240k by the end of the cycle.
Bear market low in 2026 will be 70k.
Nothing has changed, nothing will change. Why? Because it is programmed money. It has a set release schedule, protected by the network. It is not inflated arbitrarily by greedy politicians looking for political points or their own self interest, like fiat.
Bitcoin will be the reserve currency one day. The best technology always wins. It can not be put back in the bottle.