You might’ve thought Bitcoin was done, but there's a setup that’s hard to ignore. BTC just closed below the 2025 high trendline. That’s the kind of move that grabs attention. The next logical stop: revisit the May 2025 all-time high. And if that breaks, the chart points toward a “third take profit” zone—traders’ shorthand for where things could get messy fast .
Here’s the kicker: if price tags the teal descending trendline, that likely sets up a high-probability trampoline bounce—back toward the 2021 high trendline. It’s textbook exhaustion. You’ve got bearish momentum, then a sharp rebound off that descending slope .
So, yeah, long bias—but only once the trap’s sprung and you’re sure price has run its course. Stay sharp.
