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Interesting trend line.
It touches all 3 cycles. If the Bitcoin top is later this year and it respects this line, what price might that suggest? To me it looks like it would only be around $125k-$130k, so it's interesting to think it could be possible (and what might happen?) if the price were to break above this line.
For the record, I'm not suggesting the top is in right now. Furthermore, I think the actual BTC top will be higher than $125k-$130k, so I'm looking at this as a thought exercise at how this might play out. It seems fairly possible that this upper line could be blasted through and used as support, but it's bold to say that before it happens.

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