Bitcoin is maintaining a strong uptrend after breaking above previous local highs, indicating a bullish continuation in its price.
Factor such as institutional demand and supportive macroeconomic conditions are reinforcing the current rally and benefiting risk assets.
The crypto market, including altcoins, is experiencing gains with Bitcoin's positive price action, as reflected by a nearing 'Greed' sentiment zone in the fear & greed index.
The latest price action suggests Bitcoin's bullish trajectory, with indications of potential strong rallies ahead and expectations of maintaining an ascending trend for the cryptocurrency.