This chart clearly shows us where BTC PA is in relation to the ATH it created in Early 2025.
PA sits just above centre line of current Lower range box.
There is still a Long way to go, against some strong resistance, to get back into the upper Range box and to that ATH line
We will manage it, I have no doubt about that But we may get to top of current Range box and be rejected before that time comes.
There are a number of different scenarios that exist right now and it is next to impossible to pin point when we may reach higher, to a New ATH.
My Feeling is that we will hit top of this current range box in the near future ( in april )
From that point, we have to weigh up the Macro and Sentiments of Markets and see.
But for now, Bitcoin PA is with Strength and has tha bility to reach higher.
I am still Bullish fora Cycle ATH in Q4
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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.