Does Bitcoin's Monthly Channel from 2019 Remain Relevant?

While the usefulness of a channel diminishes over time, I notice bitcoin moving along the same angle as it has in years past. Interestingly, the space between channels may not be coincidental.

How long will bitcoin continue to appreciate at this rate?
At this rate bitcoin will be back to a new all time of 70k in October 2024.

Will bitcoin reach the bottom of the former channel (red line) ever again?
This could coincide with a bitcoin top around 400k at the end of 2025.

Be prepared but remain flexible.