Bitcoin Price Test: Bullish Trend Holds Strong Amid Potential $4,000 Drop

On May 25th, COINOTAG reported insights from Cointelegraph, highlighting comments from Keith Alan, co-founder of Material Indicators. He noted that Bitcoin’s price retains potential to test lower support levels without disrupting its overarching *bullish trend*. The **macro trendline** alongside two significant **moving averages** on Bitcoin’s daily chart currently indicate a correlation to this year’s opening value of $93,500. Should Bitcoin maintain its trading position above this threshold, the **upward trajectory** remains firmly established. Similarly, renowned trader Crypto Tony asserted that a temporary decline of **$4,000** from Bitcoin’s existing valuation would still be considered a manageable scenario ahead of the week’s end, reinforcing the notion of resilience within the market. This perspective underscores the importance of monitoring critical support levels as market dynamics evolve.