Bitcoin price record 90-day uptrend 'resembles bull market rally:' New analysis
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....
Key takeaways
- 1Bitcoin has rallied for 90 days since February lows below $60,000, marking the longest uptrend ever within a bear market in BTC history.
- 2BTC reached local highs near $83,000 exactly three months after the February bottom, with resistance broken at $77,000.
- 3Weekly supertrend near $88,000-$90,000 must be reclaimed to confirm bulls are back in control and bear market has ended.
Coins in this story
Why it matters
This historic 90-day rally signals potential shift from bear to bull market, which could drive significant price appreciation and impact retail investor sentiment and portfolio valuations across India's growing crypto investor base.
Related stories
Congress hits Polymarket and Kalshi with a massive insider trading probe
House Oversight Committee opened an investigation into prediction market platforms Polymarket and Kalshi, fearing U.S. government employees may exploit classified information for profit. Rep. James Comer demands internal records and proposes legislation barring Congress members and officials from participating. The probe follows bipartisan scrutiny over national security risks and insider trading concerns as prediction markets surge toward projected $1 trillion volume by 2030.
