Bitcoin goes through multi-year bullish cycles on the logarithmic chart before returning to its long-term support.
According to the chart, we can assume Bitcoin will reach $100K by late 2023 if the trendline continues.
It also appears that there is a bullish divergence, with price continuing to trend upwards while the MACD seems to be printing a new bottom and beginning to curl up again. This typically signals that a huge upwards move in price and momentum is expected.
NFA, just my opinion.
According to the chart, we can assume Bitcoin will reach $100K by late 2023 if the trendline continues.
It also appears that there is a bullish divergence, with price continuing to trend upwards while the MACD seems to be printing a new bottom and beginning to curl up again. This typically signals that a huge upwards move in price and momentum is expected.
NFA, just my opinion.