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

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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 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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