Bitcoin Posts Six Weeks Of Gains, Bloomberg Claims BTC Rally Could Continue

For the first time in a blue moon, cryptocurrencies have posted consistent gains for the better part of two months. Rhythm Trader, a leading industry analyst that is also known as Alec Ziupsnys, recently pointed out that for the first time since Bitcoin breached $20,000, BTC has posted six weeks of consecutive gains.

In mid-February, BTC rallied by 2.9%, then 1.58%, 2.86%, 1.73%, a mere 0.11%, and then, most notably, 3.18% over the last week. For those not wanting to deal with a handful of numbers, this represents a ~13% rally ($3,600 to $4,160) that began around February 17th, when this nascent market suddenly a monumental uptick in volume, seemingly resulting in what has been called altseason (relatively stable Bitcoin price action as cryptocurrencies, like Cardano, Binance Coin, amongst others, have surged).

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