Bitcoin Resumes Longer-Term Bull Trend, Analysts Eye Key Levels

BitcoinWorld Bitcoin Resumes Longer-Term Bull Trend, Analysts Eye Key Levels Bitcoin has resumed its longer-term bull trend, according to recent technical analysis, signaling a potential shift in market momentum that traders and investors are closely monitoring.

Technical Breakout Signals Trend Resumption The move comes after a period of consolidation that had left the market uncertain about the next direction.

The breakout above a key resistance level suggests that buyers are regaining control, and the longer-term structure is turning bullish again.

Analysts point to the daily and weekly charts, where the price has reclaimed the 50-day and 200-day moving averages, a classic sign of a trend reversal. The relative strength index (RSI) is also showing bullish momentum without being overbought, leaving room for further upside.