Bitcoin Prepares to Go Full Bullish This Q3, Reputed Crypto Enthusiast Shares Supporting Historic...

Bitcoin prepares to go full bullish this Q3, like it always has every post-halving year.

Lark Davis shares supporting historical data suggesting a green Q3.

One analyst highlights a bullish indicator marking a $140,000 ATH price next.

The price of BTC being back up over $108,000 as the year moves into its third quarter has revived BTC price pump expectations once again. What’s more, the fact that Q2 closed in green is another grand bullish sign for the pioneer crypto asset. Now, Lark Davis declares that Bitcoin prepares to go full bullish this Q3 and shares multiple historical analytics to support this declaration

Bitcoin Prepares to Go Full Bullish This Q3

The price of Bitcoin (BTC) has had an eventful year so far. Starting with Q1, the price of BTC set a new 6-digit ATH, after which the pioneer crypto asset went into a prolonged correction phase where it dipped to the $70,000 price range and then slowly recovered back to higher prices. During this time, Bitcoin (BTC) closed many crucial CME gaps, which allowed for a stronger crypto market to thrive

Then came Q2, during this phase, the price of BTC not only recovered its 6-digit price again, but rather, it went on to set its latest ATH price at the $111,000 price range. After this, the price of BTC saw another price dip where BTC again closed other critical CME gaps, allowing for a more resilient and promising crypto market. Now, analysts are patiently waiting to see BTC set another new ATH target soon.

For what’s to be expected in Q3, reputed crypto enthusiast and investor and trader, Lark Davis, shares a bullish forecast for BTC price. As we can see from the post above, Davis highlights a repetitive pattern in the action of BTC price in every post-halving year. Here, he says that Q3 has always flipped bullish for Bitcoin. Additionally, he says that BTC averages 15.48% in July and 36.51% in August meaning a combined 57% pump in just 62 days.

$140,000 Next BTC Bull Target

As for what is to come next, he highlights that even a short pump of abour 30% could lead to BTC setting a new ATH target at the $140,000 price range. This works perfectly in sync with other analysts expecting the price of BTC to pump from $114,000 to $140,000 in the coming days and weeks ahead. Davis concludes his post wondering if history will repeat itself once again for BTC

Meanwhile, another analyst shares a bullish observation on the BTC price chart. As the post above and the accompanying chart image depict, this analyst says that Bitcoin (BTC) is finally positioning itself for a bullish Daily Close above the black diagonal resistance. He states that a Daily Close above the diagonal will likely be followed by a successful retest confirming the breakout from the pattern.