Bitcoin Rises to $62,200 Yesterday, Up 2% Today as Tiger Research Signals Final Downtrend Phase

BTC1.89%
According to Tiger Research, Bitcoin briefly rose to a daily high of $62,200 on Binance yesterday, with BTC currently trading around $61,600 and gaining 2% today and 3% over the past seven days. The analysis company stated in its latest report that Bitcoin and the broader market have entered the final phase of the current downtrend, signaling a strengthening bullish outlook. Analysts noted that much of the selling pressure has already been absorbed, though further declines are possible but likely limited. Tiger Research expects the next surge to be driven by improved liquidity, broader corporate adoption, and increased monetary demand.
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