BITCOIN Perfect symmetry shows $170k!

This chart on the 1W time-frame shows how symmetric Bitcoin's price action has been before and after the March 2020 COVID crash with the price action has been before and after the November 2022 FTX crash.

Both within the long-term structure of a Channel Up, the bottomed below the 1W MA200 (orange trend-line), turned a Resistance into Support when the rally really took off, while the 1W RSI was ascending on a Channel Up.

Within this nearly 7 year Channel Up, BTC made its two Higher Highs peaks after a +1000% rally, which indicates that is the standard for the pattern. A repeat of a +1000% rise from the November 2022 bottom gives us a projected peak around $170000!

How realistic do you think that is? Do you agree with that model? Feel free to let us know in the comments section below!


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