Bitcoin Seeks Breakthrough from 10-Month Resistance
Bitcoin's price has been struggling to break through a key resistance level that has capped its rallies for over ten months. According to chart analysis from Alphractal's Joao Wedson, Bitcoin could remain subdued until it clears this resistance structure.
The resistance structure is based on Bitcoin's October 2025 all-time high, and the chart shows a descending path where Bitcoin tested the upper resistance boundary three times across more than ten months. However, BTC failed to produce a decisive breakout rally, which usually turns bullish after gaining sustained momentum.
Recently, though, the odds of clearing this resistance appeared to improve. The Moving Average Convergence Divergence (MACD) formed a bullish crossover, with its blue line moving above the orange signal line. This signal often precedes stronger momentum and a move into positive territory.