I think these lines have a magical quality, and the price respects them.
Considering the strong resistance at 108K and the robust trendline around the 67K to 70K range for Bitcoin, it seems likely to remain a range-bound zone. Given the time we have until late 2025 for a new high around 190K, this is my mental roadmap:
We’ll experience fluctuations, possibly even a drop to the 70K range, followed by a target of 180K to 190K.
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