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Bitcoin price record 90-day uptrend ‘resembles bull market rally:’ New analysis
Bitcoin’s recovery from recent lows is showing signs of a true bull market rather than a temporary rebound, according to trader and analyst Matthew Hyland.
In a post on X, Hyland noted that BTC/USD has been moving upward since late February, after briefly dropping below $60,000 — its lowest level since late 2024. Since then, Bitcoin has surged to nearly $83,000 within three months, based on TradingView data.