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.