There comes a time in a bear's life that he has to leave the forest and get on a rocket to the moon....

And now for the serious, bitcoin seems to be forming a bullish megaphone formation on the monthly chart. It's huge! If I'm right, somewhere from the second half of 2024 we're in for a crazy rally to the $200,000 area.

Of course, don't get euphoric. I personally take it more with a pinch of salt, but who knows, maybe this time I got on the right rocket? Is it true Mr. Musk, right?

This is not financial advice.
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I haven't looked here for a long time. It looks like the chart is more or less following the path I set in February. The next two months will show whether the price will bounce off the dotted line or fall below invalidating the bullish megaphone formation. Time will tell.
Chart Patterns

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