Bitcoin Magazine Has the Bitcoin Price Bull Market Topped?
The bitcoin price recently retraced nearly $10,000 after setting a new all-time high of $124,000 on August 14. The sharp drop to the $114K–115K range has reignited debate about whether the bull market has peaked. But in percentage terms, the move is just a 7.8% retracement—a normal fluctuation for Bitcoin. By analyzing on-chain data, ETF flows, and macro conditions, we can assess whether this is the end of the cycle or just a healthy reset before further gains.
Table of Contents • Bitcoin Price Action and Technicals • Bitcoin Price and Long-Term Holder Confidence • Bitcoin Price and ETF Inflows • Bitcoin Price and Derivatives Market Signals • Bitcoin Price and Global Liquidity Trends • Bitcoin Price Cycle Outlook: Con