Three Main Reasons Why Bitcoin is Setting Up For a New Bull Rally

The week is drawing to a close with Bitcoin back above $7,000 which keeps it consolidating as the bulls and bears battle it out. Long term trend lines are holding as is strong support but those are not the only reasons why the next bull run could be imminent.
Bitcoin Holds Major Support
Since its big mid-week pump, Bitcoin has held above $7,000 which has been crucial for the bigger picture. Over the past 24 hours BTC has found stable ground in the $7,150 area and has continued to consolidate the