Bitcoin due ‘one of greatest bull markets’ as July gains circle 20%

$BTC/USD(BTCUSD.CC)$ BTC/USD canceling out all its gains from early in the weekend, dropping from $24,670 to $23,555 in hours.
The resulting chart structure was all too familiar to long-term market participants, creating a “Bart Simpson” shape on hourly timeframes.
For popular trader and analyst Rekt Capital, there was no reason to believe that the coming weekly candle close would confirm that $Bitcoin(BTC.CC)$ had reestablished a key trendline as support after weeks of failure.
Looking forward, however, not everyone was convinced that the current market strength had much room left to continue.