Bitcoin price can go ‘full bull’ next month if 200-week trendline stays

Bitcoin (BTC) is preparing a “full bull” BTC cost phase in classic style, market cyclist Cole Garner believes.In social media analysis on Aug. 6, the popular on-chain expert said that major advantage awaits both Bitcoin and the wider crypto market.Bitcoin “bull markets foundation” strengtheningBTC rate action continues to stagnate, but those looking even more into the future are encouraged that this cycle is simply like any other.For Garner, activity among the largest-volume mate of Bitcoin investors– the whales– is one such cause for optimism. Bitcoin whale and fish activity chart. Source: Jarvis Labs/TwitIt is not simply whales– smaller sized investors, understood as fish, have likewise been increasing their BTC exposure.Continuing, popular technical analyst CryptoCon called whales “diamond hands” thanks to their habits during the present cycle.”CryptoCon added that Bitcoins last cycle was characterized by “unrelenting” whale selling– something especially absent today.

Bitcoin (BTC) is preparing a “complete bull” BTC cost phase in traditional style, market cyclist Cole Garner believes.In social media analysis on Aug. 6, the popular on-chain analyst stated that major advantage waits for both Bitcoin and the broader crypto market.Bitcoin “bull markets foundation” strengtheningBTC rate action continues to stagnate, but those looking further into the future are persuaded that this cycle is just like any other.For Garner, activity amongst the largest-volume friend of Bitcoin investors– the whales– is one such cause for optimism. Source: Jarvis Labs/TwitIt is not simply whales– smaller sized investors, understood as fish, have actually similarly been increasing their BTC exposure.Continuing, popular technical analyst CryptoCon called whales “diamond hands” thanks to their behavior throughout the present cycle.”CryptoCon added that Bitcoins last cycle was identified by “relentless” whale selling– something especially missing today.