Bitcoin's Long-Term Trend Holds Up Despite Resistance

Bitcoin's long-term trend remains positive despite recent price weakness.

The weekly trend is still pointing upwards, even after the market pulled back from its high of $2025. Long-term moving averages continue to rise, suggesting that the broader market structure has not lost strength.

However, short-term charts tell a different story. Bitcoin is still trading below several important resistance levels, and buyers must push the price above these barriers before fresh momentum returns.