Looking at a logarithmic chart of BTCUSD on a weekly basis, we can see an ascending non-equidistant channel that bitcoin has been following where it has just regained the middle line of the channel with the recent move to $80k, a major psychological level that could switch between support and resistance in the coming months, and with $150k price target within reach if 
BTCUSD can hold this channel over the next 12 months.
BTCUSD can hold this channel over the next 12 months.
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