Drawing on terminology from the television show Stranger Things, cryptocurrency analyst Benjamin Cowen has described Bitcoin’s present market pattern as “The Upside Down.” Even though Treasury yields, energy costs, and the U.S. dollar are all climbing, Bitcoin has rallied to an eight-month peak close to $87,000. According to Cowen, the weekly close alongside the $83,000 threshold will dictate whether the upward surge persists or falters.


