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via Cointelegraph · By Cointelegraph Staff

Bitcoin Posts a Record 90-day Comeback as Analyst Questions BTC Bear Market

BTC

BTC/USDT

$62,487.99
-3.09%
24h Volume

$18,822,100,598.96

24h H/L

$64,505.43 / $61,938.00

Change: $2,567.43 (4.15%)

Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,420.02

-2.50%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$64,629.71
Resistance 1$62,893.83
Price$62,420.02
Support 1$61,834.89
Support 2$60,563.38
Support 3$59,134.89
Pivot (PP):$62,877.80
Trend:Downtrend
RSI (14):36.6
CS
Cointelegraph Staff
(08:12 AM UTC)
1 min read
MR
Verified byMichael Roberts
1090 views
0 comments

Bitcoin (BTC) has trended up for 90 days and is seeing a “bull market rally,” analysis says.

Key points:

  • 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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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