As the Bitcoin price exhibits signs of recovery, climbing back above $90,000, the cryptocurrency community finds itself sharply divided. Some analysts believe this movement is merely a relief rally preceding another downturn, while others maintain that a bull market is still in play despite a recent 30% correction.
Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term.