Bitcoin Extends 90-Day Rally Momentum
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Bitcoin rallied for 90 days after its dip below $60,000, breaking the record for the longest uptrend within a bear market in BTC price history.
Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says.
Bitcoin has trended up for 90 days within its bear market — something that has never happened before.
Analysis thus sees price as being in a "bull market rally," with February's macro lows untouched.
Separate commentary calls for a reclaim of the weekly supertrend nearer to $90,000 to confirm that bulls are back.
Bitcoin internal bear-market uptrend makes history
In a post on X on Thursday, trader and analyst Matthew Hyland said that Bitcoin’s recent rebound from macro lows has been unlike any other in history.
“This BTC rally resembles a bull market rally NOT a bear market rally,” he summarized.
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