Bull Run Intact: Long-Term Bitcoin Price Indicator Remains Long

As you likely know, Bitcoin (BTC) has been bleeding out over the past few months, drawing down from $14,000 all the way to $8,500, where the cryptocurrency is priced at now. Just a few weeks ago, the asset was trading as low as $7,300.
This price action has made many ask: is Bitcoin really in a long-term bull trend? Could this be the end of BTC’s secular bull market? For some reason, many have floated “no” as an answer to both of those questions.
Though, a number of technical i