was gaining bullish momentum as prices approached the all-time high. It saw a 4% pullback in the past two days that retested the $69k support zone. The technical indicators remained bullish.In a recent AMBCrypto report, the data highlighted that Bitcoin might be readying to embark on a 300-day bull run. The evidence at hand further reinforced the bullish bias. a piece of on-chain analysis that highlighted the current momentum of Bitcoin and the values the gradient reached in the past 18 months.
During the 2021 rally, as BTC neared its eventual top, the oscillator formed lower highs which indicated a fading bull trend.
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