## BTC/USD Monthly chart Finally, here we are! For the first time in this downtrend - almost 3 years now, Bitcoin has finally broken **both** the descending trend lines. We've managed to close the monthly candle above $10900 and it seems that from now on, we're on uncharted territory. Of course, there are still a couple of important resistance levels ahead, like the 0.786 Fibonacci retracement and the previous high, at ~$13200; but I believe that the worst has passed.

_{[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://files.peakd.com/file/peakd-hive/aezakmi/mAxIN5SA-btc_20monthly.png)}

![btc_ monthly.png](https://files.peakd.com/file/peakd-hive/aezakmi/mAxIN5SA-btc_20monthly.png) ## BTC 2013-2017 / 2017-2021 Comparison The 2014 rally needed ~1200 days to reach the previous All-time-high. Currently we are at around ~950 days since our ATH, so a sideways movement is not excluded in the next period, perhaps even a correction back to the trendline, which hopefully flipped and became support. After the ~1200 days in the 2014 have passed, BTC needed only 300 days to establish a new ATH. Below is a **WILD** 1-to-1 comparison between now and then: rallying like before, would bring us to around 280k/BTC, which is a little insane for a such sort period of time. $80k is possible, but $280k seems a little exaggerated to me.

_{[Ctrl + Click here to enlarge the image in a new tab (steemitimages)](https://steemitimages.com/0x0/https://files.peakd.com/file/peakd-hive/aezakmi/0rKGvaK4-btc_1to1.png)}

![btc_1to1.png](https://files.peakd.com/file/peakd-hive/aezakmi/0rKGvaK4-btc_1to1.png) ![steem line 2.png](https://cdn.steemitimages.com/DQmYcTYvf6NrTJYQQgWebpedjuzpoRKc2WdAdHpuaY6Z1mv/steem%20line%202.png) ![](https://cdn.steemitimages.com/DQmYdJxHtrns6waecoP7wLGCy9ToPPiygHWGq2jUmoBfnGk/mywolf.gif) --- ### **Thanks for reading and safe trading!**✌ #### **If you find this post useful, please:** ![](https://cdn.steemitimages.com/DQmdzruKqt4wz2eGto3kRuzxhkJAqRceor9vL9d1p9FWY5s/aezakmi%20gif.gif)