last week, Bitcoin bulls continue to resist To counter the consistent decline, the price has risen to around the $70,000 level. With this new recovery trend, buyers are coming back into the arena and things look to be looking up. This could result in a clear upside target for prices above six digits, thus starting another bull market.
Three green candles mean Bitcoin bulls are in control
Bitcoin has struggled to achieve a stable green day since its decline began in February. In fact, since January 2026, the cryptocurrency has failed to remain green for even three full days. That said, the recent recovery trend so far indicates that bullish sentiment is back again.
Crypto analyst Master Ananda highlighted the importance of this development in showing that bulls have taken over control of Bitcoin price. Analysts believe that the three green daily candlesticks confirm that a new bull market has arrived.
Not only do three consecutive days of candlesticks support further gains, crypto analysts also say: Bitcoin will rise even higher This week means the local uptrend will be fully confirmed. This suggests that prices will remain above $70,000 through the end of the week.
This recovery has kept Bitcoin price within an uptrend pattern. If confirmed, this wave would mark the end of months of accumulation and sideways price swings for Bitcoin. More than that, it sets the tone for a major economic recovery.
The first target set for Bitcoin from here is the $80,000 level. We expect some resistance here, but that won’t stop the rally. Beyond this area, Master Ananda expects Bitcoin price to rise until it stops at around $100,000.
As for the rest of the market, it has so far followed Bitcoin’s lead, and the most likely outcome is for altcoins to rise as well as BTC. Cryptocurrency analysts noted this, saying that altcoins have already seen a positive response and this trend is expected to continue.
Featured image from Dall.E, chart from TradingView.com
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