It will be interesting to see what BTC does next.

🔹 Chart 1: BTC is approaching major overhead resistance. Price tends to reject from resistance.

🔹 Chart 2: The M2 line (with 107 day offset) heads down for a little while in the "rally that fails".

Both of these charts match in most probable outcome if BTC rejects from the resistance.

I think that BTC will eventually break upward, but it may not be immediately.

That being said, we all hope both of these charts are violated and BTC just soars, blasting through all resistance, but I wouldn't make a confident bet on that. Not impossible, though.