The analyst believes that Bitcoin is still in an uptrend and will continue to be as long as it holds support at the $90,000 level. He notes that Bitcoin has held onto its gains after breaking out of a consolidation range between $50,000 and $74,000, and views the current consolidation between $90,000 and $110,000 as a bullish sign. The analyst does not understand why people are bearish on Bitcoin, as bulls have consistently defended the $90,000 level and the overall trend is still upward. At the time of writing, Bitcoin is valued at $96,312.



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