It seems to me that there have been some heavily established upper trend lines. The price has fluctuated between this in a fairly strict manor over the last few years.
The last bull run was about 20D bars.
I pointed out where the price could break out and a time frame between now and 20D bars after the trend officially ends.
Circle are two areas that I see as weak. Although things could move faster than assumed within the purple time frame.
Things are getting exciting as adoption pushes around the globe and the U.S. stride to set regulations.
As always, let me know your thoughts, etc.