Bitcoin Posts a Record 90-day Comeback as Analyst Questions BTC Bear Market
Cointelegraph
Bitcoin has achieved a historic 90-day uptrend, leading analysts to suggest the current price action reflects a bull market rally rather than a bear market.Summary
Bitcoin has recorded an unprecedented 90-day upward trend, leading analysts like Matthew Hyland to argue that the current price action mirrors a bull market rally rather than a traditional bear market recovery. Following a drop to lows near $60,000 in February, the asset has rebounded to local highs near $83,000. While some indicators suggest a shift in momentum, other analysts, such as Filbfilb, maintain that a reclaim of the weekly supertrend near $88,000 to $90,000 is necessary to definitively confirm that the bull market has returned.
(Source：Cointelegraph)