#ArbitrageTradingStrategy The Bullish Case (Why BTC is Primed for a Major Rally)
🔹 Key Resistance Annihilated: The price has decisively broken and closed above the major resistance peak from mid-May (around $112,000). Old resistance is now new support.
🔹 "W" Bottom Confirmation: The powerful "W" shaped bottom formed throughout June was the reversal signal. This breakout is the confirmation that the new uptrend is strong and valid.
🔹 Explosive Momentum: The recent string of large, powerful green candles shows undeniable buying pressure. This isn't a weak move; this is conviction from the market.