Bitcoin Defies History — 90-Day Rally Signals Bull Market Resurgence
By John Nada·May 24, 2026·2 min read
Bitcoin defies history with a 90-day rally, signaling a potential bull market resurgence. Analysts debate the sustainability of this trend.
Bitcoin has shattered historical norms, trending up for 90 days within what was thought to be a bear market. This isn't just a blip. It's a seismic shift, marking a potential resurgence into bull territory, according to a new analysis highlighted by Cointelegraph.
Matthew Hyland, a trader and analyst, has pointed to a remarkable phenomenon. Bitcoin's price hasn't seen a retreat to February's macro lows, staying robust even as traditional indicators suggested otherwise. An internal rally like this hasn't occurred before in a Bitcoin bear market. Hyland emphasized that this pattern aligns more closely with a bull market rally, not merely a bear market anomaly.
Yet, resistance levels remain a pivotal talking point. Bitcoin's ascent to local highs near $83,000 from its February bottom, after briefly dipping below $60,000, underscores this point. TradingView data confirms the trend, showing an upward trajectory that defies the typical bear market script. The breakthrough—surpassing $77,000—wasn't just a number; it was a psychological milestone, a threshold previously indicative of bull market rallies.
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But not everyone is convinced. Filbfilb, another independent analyst, suggests that reclaiming a higher resistance level is necessary to firmly establish a bull market. He points to the weekly supertrend, currently hovering around $90,000, as the ultimate test. Historically, Bitcoin's bear markets concluded with a dramatic >+20% weekly gain, paired with a decisive break above the supertrend line. Filbfilb contends that without such a move, the current upward momentum might lack staying power.
The debate over Bitcoin's trajectory is not just academic. It reflects broader market tensions and investor psychology. Bulls are energized by the unprecedented 90-day climb, while skeptics await further confirmation. Still, the balance tips slightly in favor of Hyland's view. The structural integrity of recent price movements offers a compelling argument that Bitcoin might indeed be shaking off its bearish chains.
One can't help but notice how these discussions mirror wider economic narratives. Just as global markets grapple with evolving monetary policies and shifting capital flows, Bitcoin finds itself at a crossroads. A tug-of-war between optimism and cautious realism defines not just its current state but its potential future.