Bitcoin

<ul><li>Enduring 50 days of bullish momentum, Bitcoin faces a crucial resistance level, signaling market resilience.</li><li>Excitement builds as investors eagerly await the Bitcoin Spot ETF, a potential game-changer in market dynamics.</li><li>RSI, MACD, and a rising trend channel confirm positive momentum, while a crucial support level safeguards against pullbacks.</li></ul>In a significant turn of events, the cryptocurrency market is witnessing a prolonged bullish streak for Bitcoin ($BTC), reminiscent of pre-bull market trends seen in 2020 and the climb to $69,000 in 2021. Notably, CryptoBusy highlighted Bitcoin’s current bullish run of almost 50 days, drawing parallels to historical milestones. The primary driver of this optimism is the anticipation surrounding the Bitcoin Spot ETF, creating a distinct narrative in the market.In a tweet by CryptoBusy, a seasoned market analyst, unveiled Bitcoin&#39;s 50-day bullish streak, drawing parallels with significant historical rallies.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9b2c2c0b5a9c4c67972948e0b740e95c.png" />The primary driver behind this prolonged bullish trend is the heightened anticipation surrounding the introduction of a <a href="https://www.grayscale.com/blog/legal-topics/gbtcs-s-3-filing-explained" rel="noopener noreferrer nofollow">Bitcoin Spot ETF</a>. This significant catalyst sets the current market scenario apart from historical patterns, injecting fresh optimism into the crypto landscape.Read full article<a href="https://cryptotale.org/bitcoins-7-weeks-bullish-momentum-reveals-market-resilience/" rel="noopener noreferrer nofollow"> at CryptoTale.</a>

Bitcoin’s 7 Weeks’ Bullish Momentum Reveals Market Resilience

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