Bitcoin has formed a higher low, indicating potential for a price rally as the market enters a new phase. This breakout comes after Bitcoin briefly dipped near $82,500 before rebounding to surpass $84,000. The move is garnering attention from analysts who observe a divergence between Bitcoin and traditional markets like US equities and gold. This pattern resembles previous cycles where similar structures led to extended uptrends. Analysts attribute this recent surge to the decoupling of Bitcoin from traditional assets like stocks and gold. The price rebounded over 4% this week, recovering from losses caused by President Trump’s recent tariff announcement. As a result, Bitcoin has outperformed other markets such as US equities and gold. The upcoming resistance level at $90,000 is expected to be crucial for further price action. This higher low formation follows the trend seen in past cycles, with Bitcoin often leading the way during bullish phases. The recent downtrend in the US Dollar Index, which has dropped 8% since mid-January, adds fuel to the bulls’ fire by creating a more favorable environment for risk assets, including Bitcoin. A sustained break above $90,000 will likely indicate an actual shift from gold to Bitcoin as the primary asset class for investors seeking diversification.