Bullish Structure represents a market configuration indicating an upward price trend for an asset. This involves a sequence of higher highs and higher lows on price charts, reflecting sustained buying interest. Such a structure suggests increasing investor confidence and potential for continued price appreciation.
Context
In cryptocurrency news, reports frequently cite a bullish structure when digital assets demonstrate consistent positive momentum. Analysts examine volume, support levels, and resistance points to confirm the presence and strength of these upward patterns. A key focus is whether current market conditions support a lasting trend or represent a temporary surge.
Bitcoin surged past $91,000, recovering from a slump, as market sentiment improved with institutional inflows and expectations of a Federal Reserve rate cut.
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