Bitcoin’s Uptrend Remains Strong: Holding Above Support Band for 900+ Days

Bitcoin continues to trade firmly above its key support level, reinforcing the strength of its ongoing long-term uptrend. Market analyst DaanCrypto notes that since reclaiming this crucial technical mark, Bitcoin has not dipped below it, indicating a highly stable cycle for spot holders. 900+ days have passed since the start of this robust uptrend, with the price showing consistent growth and respecting its support band throughout. This band, often comprised of the 21-week Exponential Moving Average (EMA) and 20-week Simple Moving Average (SMA), has played a pivotal role in maintaining Bitcoin’s overall bullish trajectory.