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Reading: BTC/USD: Testing Its Turning Point for BITSTAMP:BTCUSD by timothyayame
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Bitcoin

BTC/USD: Testing Its Turning Point for BITSTAMP:BTCUSD by timothyayame

Last updated: October 2, 2025 5:00 pm
Published: 4 months ago
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Bitcoin is at a crossroads. The daily chart paints an inverse head and shoulders, often seen as a sign of strength returning after weakness. Price has broken the neckline but is pulling back to retest it, a natural pause before choosing direction. This is a test of conviction – if buyers hold the line, bias tilts bullish, with room toward higher ground. But slipping beneath it could weaken confidence, leaving Bitcoin exposed to hesitation and possible deeper correction.

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