Bitcoin 90-day rally breaks record for longest uptrend in bear market

Bitcoin has set a new record for the longest uptrend within a bear market, rallying for 90 consecutive days after dipping below $60,000. The milestone, highlighted in a new analysis, suggests the current price action resembles a bull market rally rather than a temporary bounce.

The 90-day uptrend marks the first time Bitcoin has sustained such a long rally without a significant pullback during a bearish phase. Historically, prolonged uptrends within bear markets have been rare and often signal a shift in market sentiment. The analysis points to key technical indicators that align with past bull market recoveries, including sustained buying volume and resistance levels being tested.

For cryptocurrency traders, this pattern is significant because it challenges the prevailing bearish narrative. A 90-day rally without a major correction suggests strong underlying demand, which could be driven by institutional accumulation, ETF inflows, or reduced selling pressure from miners. Traders can monitor these moves on NowPrice's live crypto dashboard to track real-time price action and volume trends.

Looking ahead, the key question is whether Bitcoin can hold above recent support levels and break through resistance near $70,000. The next few weeks will be critical, as a failure to maintain momentum could see the rally labeled as a bear market trap. However, if the uptrend continues, it may confirm a full bullish reversal, aligning with historical patterns from previous halving cycles.