First of all, current Bitcoin chart is very similar to Gold one back in 2023 before the upcoming movements started there. All similarities were clearly marked on the chart. The price is about to break out of the bull flag.
Secondly, this bull flag can act differently, depending on US Elections. If Trump wins them, we will see a massive shakeout, but the overall trend will continue being bullish.
However, if US Elections will be won by Kamala Harris, our chances of seeing a massive nuke down to $52,000 zone are drastically increasing.
And lastly, let's not forget about Halving factor. Bitcoin is now barely located near the miners revenue breakeven point, so we will see a growth inevitably this year. Elections will decide if we break the flag resistance soon or visit the support one more time.