In retrospect. It could be obvious.

Bitcoin has history with this channel going back to 2015. Multiple bottom and top channel touches over an 8 year period. '15 to '23. #powerlaw #bitcoin
We have a double touch on the bottom and visits to the top are actually more frequent over time.

At the moment we are sitting towards the bottom around $45k suprissing to see on log that bitcoin appears to be resting on a double bottom.

If history rhymes it shows a potential for 200 to 270k top.