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Crypto Gives Away Week’s Gains in Friday Decline

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Crypto Gives Away Week’s Gains in Friday Decline

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Make Money Online Crypto Gives Away Week’s Gains in Friday Decline

Make Money Online Even with the pullback, bitcoin continues to make higher lows, a positive technical development.

Updated Sep 19, 2025, 4:41 p.m. Published Sep 19, 2025, 3:53 p.m.

Markets take the escalator up and elevator down goes an old Wall Street shibboleth, and crypto is following that script this week, with several days of hard-earned gains more than wiped away in Friday trade.

Nearly pushing through the $118,000 level at one point on Thursday after the Federal Reserve one day earlier trimmed interest rates for the first time this year, bitcoin BTC$115,969.91 has pulled back to $115,600, down 1.5% over the past 24 hours and now essentially flat over the past seven days.

Ether (ETH) has pulled back from the $4,750 area to $4,460, lower by 2.9% over the past 24 hours and now off 1.5% week-over-week.

Amid ETF excitement and growing institutional adoption, the two hottest crypto majors this week were solana SOL$237.94 and dogecoin DOGE$0.2663. Both, however, have returned to flat over the last seven days, with SOL lower by 4.5% over the past 24 hours and DOGE down 6.3%.

Technical factors suggest reason for optimism

In a world where U.S. stocks have been putting in record highs on a daily basis, it may seem that bitcoin has failed to gain much ground of late. Its price action over the past few weeks, though, has formed a clear ascending triangle pattern, highlighted by a series of higher lows, while pressing against horizontal resistance near $118,000.

Each pullback since early September has found support at a rising trendline, signaling steady accumulation and a bullish bias among traders. The market is currently consolidating in the $115,700 around the rising support line.

For now, the higher lows keep the advantage tilted toward bulls, with traders closely watching the $118,000 ceiling.

Make Money Online Bitcoin's Higher Low Pattern (TradingView)

Bitcoin’s Higher Low Pattern (TradingView)

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