Bitcoin price has been in a parallel channel for a year!
Updated
It took from April 14th, 2021 to November 10th, 2021 (about 7 months) to travel from peak to peak in this parallel channel. Hopefully, we have already bottomed, but, if not, we could bounce with good volume at the bottom of this channel (around $32,000) should price continue to the downside. It is possible, based upon past price action within this parallel channel, to hit the top of the channel (around $75,000) near June 10, 2022.
Note
Click here to view the parallel channel: 
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