CarpeMomentum

$250K ATH for BTC in 2022- A logarithmic growth view on BTC

Long
BITSTAMP:BTCUSD   Bitcoin
Revisiting my log growth channel analysis and adjusting for a longer cycle the initial estimate for a $250k still seems very much possible.
As we can see Bitcoin is trending at the lower log channel and would appear to be ready to sprint upwards again.

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Comment:
BTC is approaching the bottom in this model. Will it break the model or will it ultimately hold?

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