Bitcoin is stable when writing, in an uptrend, and technically around all-time highs, looking at how prices have evolved over the past five years.

Like Bitcoin and top altcoins, including Solana, Ethereum is holding steady.

Bitcoin defies gravity and is surprisingly resilient against a wave of selling pressure from the Mt. Gox distribution.

After six shaky weeks, starting in June, when Bitcoin plunged by over 15%, the coin is returning.

Bitcoin is rising, trading firmly above the psychological round number at $60,000, looking at the formation in the daily chart.

Bitcoin, Solana, Ethereum, and even Cardano are slowing down following sharp price contractions in the past few days.

Solana, like Bitcoin and Ethereum, remains bearish. Though prices are higher at spot rates, the downtrend remains.

Bitcoin is encouragingly firm at press time, finding its footing above $58,000 and inches away from the critical $60,000 psychological level.

Bitcoin is plugging the bleed of last week, stabilizing at spot rates, but still stuck within a bearish formation.

Bitcoin prices cratered on July 4 before plunging some more a day later.