Bitcoin is 1 week away from 'confirming' new bull market

Bitcoin is days from breaking its bear market, analysis says as BTC price struggles below $30,000.

Highlights

Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, analysis says.
The pair’s recent gains have put it above a macro downtrend in place since its 2021 all-time highs.
The March close would be the first potential candle to complete above that trend line on monthly timeframes.
Bitcoin spot price action continues to keep market participants guessing as the weekend comes to an end, with a push over $28,000 the first notable event in several days.
At the time of writing, BTC/USD was back below that level, as shown by data from Cointelegraph Markets Pro and TradingView.

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