Carl Runefelt: BTC sits at multi-cycle uptrend support before possible rally

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BTC tests multi-cycle support before rally

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Hanna Syniavska

30.05.2026

Carl Runefelt: BTC sits at multi-cycle uptrend support before possible rally — BTC tests multi-cycle support before rally

Carl Runefelt highlights that BTC is currently positioned at its multi-cycle uptrend support.

He suggests there may be a brief dip below this support to unsettle remaining bullish investors, followed by a rapid move upward to new highs.

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Runefelt has recently commented on exchange activity and incentives. Earlier this year, he announced a 10 percent deposit bonus for traders joining BTCC. He also revealed a $30,000 sign up bonus for new BTCC users and a giveaway tied to the Argentina National Team.

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