A steep and frightening correction may now have run its course for Bitcoin. A total of 36% down from the all-time high, the $BTC price is holding and consolidating above a major ascending trendline. Is Bitcoin about to startle the market again, but this time in the opposite direction?
Can the bulls hold this bottom
Source: TradingView
The above 4-hour time frame chart for the $BTC price holds the key as to whether Bitcoin has finally put a bottom in, or whether there may still be one last hurrah for the bears.
It’s quite simple. The bulls need to keep the price above the major ascending trendline, or, if it falls below, they need to avoid the price making a lower low.
The current horizontal support may not hold, and if this is to be the case, one would expect to see the price come down to the major trendline again.
That said, the price has recently broken through the descending trendline and has confirmed the breakout. It may just be a matter of time of waiting for the
We współpracy z: https://cryptodaily.co.uk/2025/11/bitcoin-btc-forming-a-bottom-right-now-full-price-analysis
