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

Published 08/06/2023, 06:06 AM
Updated 08/07/2023, 06:00 AM
© Reuters
BTC/USD
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BTC/USD
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Bitcoin (BTC) is preparing a “full bull” BTC price phase in classic style, market cyclist Cole Garner believes.

In social media analysis on Aug. 6, the popular on-chain analyst said that major upside awaits both Bitcoin and the broader crypto market.

Bitcoin whale and fish activity chart. Source: Jarvis Labs/X (Twitter)
Bitcoin investor selling data. Source: CryptoCon/X
BTC/USD 1-week chart with 200SMA. Source: TradingView

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