During its trip to lower values, Bitcoin tested the price low from the last major correction, which also served as the low of the sideways trend. Thanks to the bounce from the bottom, the price of Bitcoin was able to get back above the rising trendline again, which is very positive as it could indicate a false breakout to lower values. However, it is still true that until Bitcoin breaks the value of the descending trend line, it will still be in a negative sentiment with downward pressure on the price.