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Sleep Tight, Bears? The price of Bitcoin found solid support near $36.4k after taking a short breather on Tuesday, and resumed its rally to break above the $40k resistance. Here is a useful tip from our R&D Head Shane: Previous BTC bull runs often end when prices close below the 10-month MA. It is a good sign that July close is fighting to establish a firm foothold above the trendline. On-chain metrics are also turning slightly bullish — the strong rally of the past few days has given rise to a 44% increase in the number of Bitcoin daily active addresses, gradually returning to a similar range we saw nearly a year ago, where the spectacular bullish run as we know it started.