Technical analysis by HeadsUp2021 about Symbol BTC: Buy recommendation (10/30/2025)

BTCUSD monthly: BTC has been battling this support/resistance line for 11 months. The current consolidation is localized within the upper band of the pitchfork. I don't believe the cycle has topped -- during the last cycle, prices moved down 40% in a little over 3 weeks after topping. Each retrace up only did 38.2%. Now prices have moved down only about 16% in 4-5 weeks and retraces went to 61.8%. It just does not feel like a drop from the cycle top as in the past. I added to my long position today expecting at least one more wave up.