Bitcoin Bull Run Looms: Whale Accumulation and Market Indicators Suggest Potential Price Surge

Recent price action indicates a strong likelihood of Bitcoin (BTC) breaking out into a major parabolic rally soon. Following a robust May performance, Bitcoin closed its month at its highest point ever. This recent high was achieved after the coin successfully navigated a previous weekly resistance level around $104,000. The market is now primed for fresh growth as the past few days have seen a decline in leveraged trading activity, creating conditions for a bullish surge.