Here is why Bitcoin cycle ATH in Q4 maybe @ 250 K USDT

This is my oldest chart
I trust this chart - Keeping iot simple
See the Pennant PA is currently in, under resistance of the 2.618 Fib Ext.
Previous 618 Ext have been support this cycle and this leads me to think we will remain here a while.
The Rising line of support we are in pushes PA to an apex in June and PA will react shortly before that time. ( PA may drop below support and then return before June)

Weekly MACD currently falling Bearish, resetting and should be Neutral by June and so I am seeing PA rising from there.

See how PA reacts to a Fib Circle. In this Cycle,

Note that this apex of the triangle we are currently in is just after the 9.618 Fib Circle.
IF we range into the Fib circle in June, I fully expect PA to Rise after
Last time we ranged into a Fib circle with a Neutral MACD, was in Jan 2023 on the 4.618.
This lead to a rise of just under 100%

https://www.tradingview.com/x/3AyneDvW/
The Upper Blue Trend Line is the Ascending line of the previous Bitcoin ATH Tops, back to 2017 on this chart but to 2013 on Longer range charts.

Many charts have confluence for a cycle Top in Q4 2025 and so, using that blue line, the expected push higher from BTC PA when it breaks out of pennant in June ( or near June), we end up around the 250K USDT mark
This would, like in Jan 2023, lead to a increase in Price around 100% ( a little more actually )

While this is all based on Assumptions that PA remains Calm and in Range while the MACD resets itself from Oversold, it has happened before and there exists the chance it will again
Obviously, PA may fall through the floor and so we all need to have plans for Both Bullish and Bearish scenarios. ( there is a strong possibility of a Dip to Mid 70K and swift return )
But over all, I find THIS chart to point towards a more realistic cycle Top ATH of 250 K

Some LOG charts point to a near 1Million USDT Cycle top and that, given the market Cap required, is probably not going to happen THIS cycle....... But it will one day
As ever, we take Bitcoin PA as it comes.....and react accordingly.
This week is going to be Fun
End of Month on Friday - Monthly patterns showing some interesting things.
I'll explain those next week after month close.