Unlocking Bitcoin's Potential: Charting the Course to $112,000 and Beyond

Cryptocurrency enthusiasts and traders typically rely on two types of charts for distinct objectives. While a standard price chart suggests a potential increase to approximately $112,000, switching to a logarithmic chart, favored by traders for grasping larger-scale trends, could elevate the target to around $250,000. However, it's essential to acknowledge the long-term divergence, serving as an indicator of an imminent price reversal.