Bitcoin Prices: HOPIUM Continues

Bitcoin Rally Seems Stuck

Bitcoin, after a rally since June, has been moving within a narrow range despite prices staying above $100,000. This situation may create more uncertainty for investors in the coming months.

Historical Patterns and the 200-Week Simple Moving Average

However, historical data related to the 200-week simple moving average suggests signals that the overall bull market is still valid. This indicator has been a significant determinant in past price movements, and the current situation indicates that investors' hopes are still alive.