What do you think?

If we look at the levels on this chart we can get some ideas of where we might be heading in the near term.

Check this out:

(Source: https://x.com/BitcoinMagPro/status/1865048741230625097/photo/1)

It has gone to the redline every single time.

That line is roughly $180k or so.

However if you look closely at the other cycles not only did we go to that red line we trended along it for some time.

Will history repeat?

I am betting that it will.