Linear Regression shows room for $14K-$16K Pre-Halving High

Monthly linear regression from the day BTC began trading on Coinbase (not much difference on Bitstamp, which began trading in 2011). The chart shows we have clearly broken past the mean and are continuing the longer term bull run which started in at the beginning of 2019. It also shows that we have PLENTY of room to go up from here with just 90 days before halving, with are retest of $14K a STRONG probability. $15-16K is a real possibility for a pre-halving high as it is likely we will get some large FOMO tails above the regression channel. Moreover, you can expect a significant correction (what is known as regression to the mean) post-halving. This fits with the narrative that unprofitable miners will be squeezed out of the market, leading to another accumulation period (and perhaps an opportunity to acquire BTC below global mining marginal cost) before we go on to test 2017 ATH and beyond.