Bitcoin's Breakout Moment: Can It Clear Key Resistance?

Bitcoin's price has been stuck near its October 2025 all-time high due to restricted capital inflows, leaving analysts wondering if it can break through a key resistance structure.

According to chart analysis from Alphractal's Joao Wedson, Bitcoin has been testing the upper resistance boundary for over ten months, with three failed attempts to deliver a decisive breakout rally.

The formation typically turns bullish after a sustained momentum breakout, but so far, Bitcoin has yet to achieve this. A strong breakout could send Bitcoin back towards its October peak.

However, recent signals suggest that the odds of clearing resistance may be improving. The Moving Average Convergence Divergence (MACD) formed a bullish crossover, and buying volume reached its highest level since May 26th.