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a chart that showed bitcoin might be set for a bullish breakout in May 2020. Consider taking a contrarian stance because a post-halving dump happened in the past. Even if there’s a massive shakeout, bitcoin looks poised for a bull run this year. Bitcoin has been struggling to keep its bullish momentum alive since it topped out at $9,188.10 earlier this month. The cryptocurrency is down nearly 10% from the yearly high. Many are saying that the bear market is not yet over. They claim that bitcoin is due for a plunge. Travis Kling of crypto asset management firm Ikigai is not among the bitcoin doomsayers. The chief investment officer believes that the top cryptocurrency is due for a rampaging bull run. Bullish Technicals Coinciding With Much-Anticipated Halving Event On Thursday, Kling took to Twitter to share a bullish technical setup of bitcoin. The chart touts one of the most perfect trendlines I have ever seen. The diagonal support has been keeping the top cryptocurrency afloat since 2015. Bitcoin touched the support earlier this year but it showed no signs of breaching it.

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