Currently I am expecting a mean reversion, sub $5k feels almost certain upon viewing this chart. I have used a line chart instead of bars in order to keep this clean. But all 3 pivots to this pitchfork are anchored to significant wicks (you just can't see them).
If it is looking like price will hold above the mean I will look for a long term entry to hold for at least at least a decade.
If it is looking like price will hold above the mean I will look for a long term entry to hold for at least at least a decade.