Technical analysis by LegendSince about Symbol BTC on 9/30/2025

Bitcoin hasn’t broken out just yet — it’s hovering in a tight range, waiting for signals to decide whether to sprint or stall. Amid talk of a U.S. government shutdown and fading clarity around rate cuts, traders seem hesitant to commit. That said, institutional interest remains alive: U.S. Bancorp recently relaunched its institutional Bitcoin custody service, signalling banks are still gearing up for more crypto inflows. Meanwhile, the broader macro backdrop — monetary policy expectations, dollar strength, and regulatory tone — continues to be the real tug-of-war behind each move.