As the S&P 500 and the Nasdaq continue to make all-time highs with unfailing regularity it may now be Bitcoin’s turn to make its own new high. That said, the $BTC price may need to return lower first in order to retest previous price structure.
Back to test the trendline breakout?
Source: TradingView
The $BTC price is holding up nicely. There was always going to be a downward impulse after $BTC had risen over the weekend in spite of being in quite an overbought state. However, the bulls won’t be keen to let the price go too far down and allow it to take hold underneath the major trendline again. Therefore, some gentle to and fro into a narrowing corridor between resistance and the rising trendline is just what the doctor ordered.
Of course, things are never that simple in trading, so both bears and bulls have to be alert for any eventuality. Nonetheless, as it stands, a reasonable scenario is for the price to chop around before subsequently retesting the major tren
We współpracy z: https://cryptodaily.co.uk/2025/10/last-bitcoin-btc-dip-before-new-all-time-high
