Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
No? Pretty obvious that since said surpassing of ATH, bitcoin dipped down once again to 60k. And even then, if you consider how Bitcoin dropped off from 2021s 60k to 15k a couple of months ago, it's pretty obvious. As for it moving sideways, I'd say it's pretty normal? We steamrolled over 40k and 50k after all, if we didn't stop to stabilize I'd be expecting a massive crash afterward that specific pump. And so far we've already seen it return back to close to 70k after all.
If you're asking in general though well so far it's been an uptrend. But there's always going to be a peak for something imo. Just in Bitcoins' case, we haven't reached it (at least from what I see).