Analyst Cole Garner believes that Bitcoin and the broader crypto market are poised for a breakout if multiple time-tested patterns continue. He points to whale accumulation trends as a positive sign for the bull market, with both whales and smaller investors increasing their BTC exposure. Garner also highlights the significance of the Bitcoin-to-stablecoin ratio on Bitfinex as a predictor of major bull runs. While the timing of the breakout is uncertain, Garner suggests a Q3 launch is possible. To invalidate the bullish outlook, Bitcoin would need to close below its 200-week simple moving average.
