Bitcoin historically bounces around 1.05x the trend line which we just dipped under.

Trend line price $103,500

Bitcoin price $108,500.

Current ratio of Price / Trendline of 1.048.

During the major tariff crash to $75k earlier this year it dipped to 0.96x the Trendline for 4 days before bouncing and ultimately hitting $124k not too long ago.

Ultimately the trend line is just extrapolation based on history, and past performance does not predict future results of course, but it'll be interesting to see if the trend line holds yet again over the next week or two before we see another bounce.

I'm looking at a possibility of ~$150k~ within 8 weeks if the previous pattern repeats, and that pump was rather small compared to history. We'll see.