I believe we will experience 20 years of sideways chop in an overall up channel, building up for the explosive movement to 200,000. Extrapolating the monthly 200 period moving average, you can see that it is rising and once the move really starts going, it will start pointing up.
Of course this whole post is my OWN personal speculation but I am fairly confident in this timeline.
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The up channel that I believe will hold for the next 20 years
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Using the same concept and setup as in 1969, this is how I imagine price will play out. Not 100% the same but really close
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I redid my original channel because I was mistaken and had the angle too steep. I believe it is actually 18 degrees upwards.
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