Peter Brant has spoken out about the start of a new bull market.

[Paha87]

Well-known trader Peter Brant published a mixed forecast on Twitter regarding the current rise in the price of bitcoin above $8,000. He believes that under certain conditions, BTC has returned to the upward market.


In favor of the market reversal, the market has not fallen below the border of the long-term channel (several years) and there is an increase in the bottom on the daily chart.

But the main condition for Peter Brant believes shaking out of the market all the weak investors that have remained since December 2017. If this process is completed, then the reversal is almost confirmed, if not, then no.

The original article here - https://coinpost.ru/p/piter-brant-vyskazalsya-naschet-nachala-novogo-bychego-rynka

[Alcor]

So far, there is no exact certainty that Bitcoin has returned to its uptrend. We see that today the price of bitcoin again fell slightly below $ 8,000 and now, according to CoinMarketCap, it is $ 7,963. Our joy in the price growth of bitcoin was short-lived. Although Bitcoin can still continue to grow.