Break in 13 Year Long Term Bitcoin trendBitcoin / U.S. dollarBITSTAMP:BTCUSDgarethhallsterI was playing around with charts using log scale (see my S&P 500 1929 Chart) and realised there is a trendline in Bitcoin starting in 2012 which was nearly hit in Jan 2023, followed by a low to high bounce of 93% taking 5 months to play out. It was hit in Oct 2023 and there followed a 165% rally which took 5 months to play out. It hit again in Dec 2024 and there followed a 110% rally which took 5 months. It hit again in April 2025 and had a 71% rally that took 5 months. It hit again for the 5th direct hit in September 2025 and there was no rally, instead there was a sideways move through the resistance with an as yet unconfirmed bearish break in November. Guys this is not looking good. We would need to close the month above 109,535 but ideally move back over the channel at 123,170 to regain bullish momentum.