Big picture: Log and channels

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
One of my first reflexes when I'm in doubt is always to zoom out. With Bitcoin's exponential growth it only makes sense to look at the price in log scale.
When trying to draw channels, you'll find some strikingly consistent levels. Some of these channels go back as far as 2011.
As you can see we are currently at a key juncture.
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