Bitcoin Hits 12-Year Support as CoinCodex Signals a Slow Rebound

Bitcoin has dropped back to a 12-year rising support line, a level traders often treat as a cycle reset zone. At the same time, CoinCodex data shows price stabilizing near the mid-$80,000s after a volatile 2025 range.

Bitcoin Tests 12-Year Trendline Support as Long-Term Structure Holds

Bitcoin has moved back to its long-running trendline support, a level that has guided price action for more than a decade, according to a chart shared by market analyst Vivek Sen. The weekly Bitcoin U.S. dollar chart shows price pulling down toward the rising support line that stretches from early 2013 through 2026, marking another test of a structure that has historically defined major cycle lows and resets.

The chart places Bitcoin near the mid-to-high $80,000 range as it interacts with the diagonal support. This trendline has acted as a floor during prior market drawdowns, including corrections in 2015, 2019, and 2022. Each previous interaction coincided with periods of consolidation before renewed upside momentum emerged over subsequent quarters.

From a structural perspective, the trendline represents a long-term growth trajectory rather than a short-term trading signal. Price action shows higher highs and higher lows across multiple cycles, while pullbacks have remained contained above the rising support. The current move reflects a cooling phase after Bitcoin’s recent highs, rather than a clear breakdown in the broader market structure.

Analysts note that the significance of the 12-year trendline lies in its consistency across market regimes. Unlike horizontal levels that lose relevance over time, the diagonal support adjusts with Bitcoin’s expanding market capitalization and adoption. As a result, reactions around this level often attract attention from long-term participants rather than short-term traders.

While historical comparisons show that previous touches of the trendline preceded strong rallies, market participants caution that past performance does not dictate future outcomes. Macroeconomic conditions, liquidity trends, and regulatory developments now play a larger role than in earlier cycles. Still, the ability of Bitcoin to hold this long-term support keeps the broader bullish structure intact, even as volatility remains elevated in the near term.

CoinCodex Data Shows Bitcoin Stabilizing After 2025 Pullback

Bitcoin’s recent price action reflects a broad consolidation phase rather than a decisive trend shift, according to historical and projected data from CoinCodex. The chart shows Bitcoin trading through a volatile 2025, with price ranging roughly between $75,000 and $120,000 before sliding into the low-to-mid $80,000 area toward the end of the year.

Bitcoin Price History and Projection. Source: CoinCodex

Earlier in the year, Bitcoin rebounded strongly from a spring dip near $80,000 and climbed steadily into the summer. That move peaked above $115,000, marking one of the highest levels of the cycle. However, momentum faded in the fourth quarter, and price rolled over into November, triggering a sharper decline that reset short-term positioning.

By January 2026, Bitcoin appears to have found a base, with price stabilizing near prior consolidation zones. CoinCodex’s forward projection, shown as a dotted extension on the chart, suggests a gradual recovery rather than an aggressive breakout. The forecast implies higher lows over the coming months, with price oscillating upward but remaining below previous cycle peaks in the near term.

Structurally, the data points to a market that has absorbed heavy volatility without losing its broader range. The projected path does not assume a straight-line rally. Instead, it reflects continued two-sided trading as macro conditions and liquidity trends influence risk appetite. The absence of sharp downside projections also indicates that major support levels remain intact.

Taken together, the CoinCodex chart frames Bitcoin’s current phase as a transition period. After a year marked by wide swings, price action has compressed, and expectations have shifted toward slower, more measured movement rather than rapid expansion.