Long

We are still on track on the BTCUSD monthly chart

We are still on track on the BTCUSD monthly chart if we consider the blue channel shown above. If we consider this new pattern/structure for BTC, we might still hit around 300k in 2024-2025 and hit $1 - $1.5 millions by 2029-2030, per BTC (see green arrows and corresponding targets). Also, we might be close to the bottom of the recent BTC price action (in the last months) as can be seen in the monthly RSI levels which is in a period of record low. In the years to come, BTC is still looking bullish.

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