Bitcoin Rockets Past $75K as Analyst Declares the Bull Market Has Begun
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Bitcoin rallied more than $11,000 in 48 hours, breaking above $75,000 for the first time since late May and signaling a sharp market recovery. Analysts including Ali Martinez have revised their outlook to declare a new bull phase, suggesting renewed bullish momentum for crypto adoption, DeFi and CEX activity.
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It’s hard to believe that just 48 hours ago, there was no clear indication of what was going to happen next. The reality, though, is quite promising as bitcoin has added over $11,000 within this timeframe, and blasted through $75,000 hours ago for the first time since late May.
Naturally, analysts have shifted their market perspective, with Ali Martinez indicating that the next bull phase has commenced.
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