That's quite a channel 😳

I recently saw a well-known TA analyst pose the real idea that BTC could drop to 20Kish before blasting off. He was using Elliot Wave Theory and the channel BTC is in that we can see clearly on the monthly, supports his analysis....It is possible!? Historically, BTC doesn't hit its top until approx 384 days (on average) after the halving and, considering the BlackRock ETF causing BTC to hit a new ATH prior to the halving, this seems very possible. BlackRock is an Exchange "Traded" Fund✔️