When will Bitcoin price rally end? Here is what’s backing the BTC bull run By Cointelegraph

When will Bitcoin price rally end? Here is what’s backing the BTC bull run

Cryptocurrency Apr 18, 2021 11:20AM ET

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When will Bitcoin price rally end? Here is what’s backing the BTC bull run

Speculation about the duration of the current run is endless, with Bitcoin now a stable news item even in the mainstream press. But what’s keeping the BTC price up? Is it simply the relentless slew of good news, or are there on-chain indicators that can predict future price moves?

Since retesting the $50,000 barrier in early March, the price of Bitcoin (BTC) has held pretty consistently above that level. Even a pullback in the last week of March couldn’t sustain, with bulls pushing the price back up toward a new all-time high close to $65,000.

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When will Bitcoin price rally end? Here is what’s backing the BTC bull run

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