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BTC#
Bitcoin has officially Monthly Closed beneath the Macro Downtrend for August
However, given that this Macro Trendline is a dynamic resistance, by virtue of the passing of time price has moved beyond the Downtrend
More, price has Monthly Closed above the April/May 2026 candle-bodied highs, which are now perfectly confluent with the Macro Downtrend
Bitcoin now has a chance to post-breakout retest both the Macro Downtrend and these April/May Monthly highs in an effort to turn them into new support
bitcoin:native #
Bitcoin#