Bitcoin charts, market cycle history hint at 15% short-term push to $138K

Bitcoin looks poised for an extended rally to $138,000 according to market cycle history and the current weekly trend.

Key takeaways:

Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100.

Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels.

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