I just checked the price of Bitcoin and I see it's at $77.37K according to today's data. Interesting because a week ago it was lower, around $74.8K. If we compare it to the 100-week moving average which was around $87.7K, there's still quite a distance.

Bitcoin's price continues to move in that zone, let's say about 12% below that historical level. It's one of those moments where the market is consolidating. Some traders are watching to see if it breaks upward or if it continues testing supports. Anyway, these movements are normal in this type of cycle.