This ascending channel is going to be the key to pinpointing the bottom of the bitcoin cycle. What we have is a "W" pattern formation on the daily which if completes has a breakout target to the top of this channel.
Now my perspective on the next 60days is that Bitcoin will make a move down to the 200weekly sometime end of May 2022 check out this TA below.
August 2022 is the next Fib time zone date , the last two have been fairly good for pivot points but nothing amazing. What is interesting is that 1.618 Fib , 3.618 time fib and the top of ascending channel come together nicely.
If Bitcoin does infact make a move to the 200 weekly at about 22-23k then that would mean USDT would make a all time high and hit the top of the ascending channel marking the bottom.