As you can see this has been a major channel that we have been following for months. It is important to use log charts for long term timeframes. A large correction is probable to low 500s usd. With a large stock market march 2.0 crash looming early 2021 a liquidity crisis will force us down heavily short term. I am very bullish long term but short term im out. Be very cautious at these levels. Bitcoin is ready for a big pullback as well and will drag us down with it.