Has the Major Downtrend in Bitcoin Broken?Bitcoin / TetherUSBINANCE:BTCUSDTburakkesmeciBitcoin's roughly 400-day major downtrend has finally broken with volume behind it. After breaking the SMA200 (69K), Bitcoin's rise continued with momentum. The rally could extend up to 83K. This is the SMA365, the sharpest line separating bear from bull. The premium level sits in the same zone. There's confluence forming here. This could be a strong resistance. You can copy and use this chart to track the major trend.