Hi Bitcoiners , Based on previous analysis, Bitcoin continued to move in the ascending channel and reached the midline of the channel. After a short break, the move from the middle of the channel to the channel ceiling will begin quickly.
This is how Bitcoin works As the price grows, the volatility decreases in subsequent cycles Keep this in mind as we move forward, the slope of the ascending channel and the width of the channel will decrease All the best to you in a Decentralize world
The strong bullish momentum tells us that soon the previous ceiling will be broken and we will see a strong cup pattern.
Bitcoin can reach the ceiling of the second channel and return to close to 40,000 again Probably, after the halving, the demand for buying Bitcoin will decrease a little for a short time , and this can be a correction in the upward direction.
Everything is clear! The price of Bitcoin will be at the top of the channel in late 2025
The price is compressed in a bullish flag and moving towards the middle of the channel, the resistances are identified best regards , m.osivand