Bitcoin's bull market might be coming to an early end, as indicated by a bearish divergence in its 14-month Relative Strength Index (RSI). While the price reached new highs in July and August, the RSI displayed a lower high, signaling a potential weakness in the bullish trend. Despite this, traders remain optimistic, positioning for a year-end rally with significant December call spreads betting on a price increase up to $160,000. This divergence occurs as Bitcoin meets resistance at a critical trendline traced from previous bull market peaks. Block flows also suggest continued bullish sentiment, as institutions and high-net-worth individuals engage in private transactions, gambling on price rises. Current trading activity indicates a substantial anticipated rally toward the year-end. As of now, Bitcoin's price is around $110,500, reflecting a loss this month, yet the market remains lively with expectations for price gains.

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