BTC Analysis: Is the Bull Run Over?

Verdict: No. We are in a "Mid-Bull" Consolidation. The 2025 parabolic move has cooled, but the long-term structure remains intact. We are currently in a distribution phase—flushing out leverage before the next leg up.

Current Price: $90,032

Market Phase: "Mid-Bull" (Sideways/Correction)

The Signal: We are +55.75% above the 200WMA. Historically, this indicates a "Distribution Zone" where price digests gains.

Caution: Weekly RSI at 31.76 with Bearish Divergence suggests momentum is weak. Expect a "sideways grind" or a sweep of $74k support.

Bottom Line: The bull run isn't over, but the "easy money" phase is on pause. Institutional targets for late 2026 remain $120k–$170k.