When Bitcoin (BTC) made its all-time high on Monday of just over $126,000, at the same time the price kissed a multi-year trendline that stretches from the December 2017 bull market top. Will there be a rejection from here, or will $BTC power through on its way to this bull market high?
$BTC all-time high is the top for now
Source: TradingView
The 4-hour time frame for $BTC shows how the price just kissed the multi-year ascending trendline before coming back down. It remains to be seen now whether this is a solid rejection and if the price will fall to horizontal support, or whether this will be a period of testing the ascending trendline before breaking through and confirming on the other side.
Below the price is the minor ascending trendline which could act as support, or the horizontal support levels just below this. There is also the possibility that the price could even come back to the top of the descending channel, although with all the bullish sentiment in the mark
We współpracy z: https://cryptodaily.co.uk/2025/10/bitcoin-btc-tests-multi-year-trendline-price-analysis-and-predictions
