😱 The historical crash of the Bitcoin Logarithmic Channel 2022

I believe that the usual logarithmic growth channel of BTC will be broken, and with a high degree of probability, the cyclicity familiar to you due to Bitcoin halving will also be broken.

In order for Bitcoin to continue growing inside the logarithmic channel, its price should be higher by the end of 2022 50 000 - 52 000 $, and on the first of January 2024, it is even higher than $ 100,000, which in my opinion will not happen, since Bitcoin has been in the bear market for a long time.

The point of this trading idea is not to predict the price of Bitcoin and the bottom of the market, but to schematically show the potential collapse of such a popular logarithmic channel in 2022, and I seriously believe that the channel will no longer be relevant for the price of BTC.

The projection of the future movement of the Bitcoin price is built arbitrarily and it is not worth considering where the bottom is, and where the pump will be - not a trading recommendation.

❌ I will abandon this idea if the Bitcoin price closes above the $66,998 level on the monthly timeframe according to the BTCUSD Index chart in 2022, otherwise everything will be according to this trading idea! - the logarithmic channel will be broken in 2022, maximum in 2023.

⚠️ Think with your own head and then make those or other trading decisions, all the best!