Bitcoin has posted a 90-day uptrend since the last week of February, reaching local highs near $83,000 exactly three months after falling below $60,000 in early February—its lowest level since late 2024. Trader and analyst Matthew Hyland posted analysis on X on Thursday stating that this rally pattern is unprecedented in Bitcoin history and resembles a bull market rally rather than a bear market recovery.
"This BTC rally resembles a bull market rally NOT a bear market rally," Hyland summarized, noting that "there has NEVER been a rally that trended upward for 89 days ever in a bear market in BTC history."
Historic Uptrend Pattern
According to Hyland's analysis, Bitcoin's recovery from February lows has broken key resistance levels. The pair cleared resistance when the price first broke above and held $77,000. "The break of high time frame resistance also has marked the start of a bull market rally the prior three times," Hyland stated.
He emphasized that the combination of the 90-day uptrend duration and the break of high time frame resistance are "characteristics of a bull market rally NOT a bear market rally."
BTC/USD one-day chart. Source: Cointelegraph/TradingView
BTC/USD one-week chart. Source: Matthew Hyland/X
Weekly Supertrend Level Confirmation
Independent analyst Filbfilb identified a higher resistance level for confirming bull market control. Bitcoin's weekly supertrend, currently near $90,000, represents the key level to watch.
"The last 2 BTC bear markets ended with a >+20% weekly candle and a break of the weekly super trend - presently around $88k," Filbfilb told X followers. "If the bearish move we see in play at the moment fails, I'm expecting one of those candles to happen rather than much messing about around these levels."
The weekly supertrend is calculated using the average true range of price coupled with a multiplier. BTC/USD last recorded a weekly close above the supertrend line in early November 2025.
BTC/USD one-week chart with supertrend data. Source: Cointelegraph/TradingView