Bitcoin Records 90-Day Uptrend to $83K, Resembling Bull Market Rally: Analyst

BTC-0.37%
According to trader Matthew Hyland, Bitcoin has recorded a 90-day consecutive uptrend since late February, reaching local highs near $83,000—a phenomenon never before seen within a bear market. BTC briefly fell below $60,000 in early February before rebounding to its current level exactly three months later. Hyland noted that the rally broke above and held the $77,000 resistance level, which historically marks the start of bull market rallies. Analyst Filbfilb said Bitcoin must reclaim the weekly supertrend near $88,000-$90,000 to confirm bulls are back in control.
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