Well-known trader Peter Brandt came to the conclusion that bitcoin repeats the same patterns on the chart as in 2015, after which its price increased by about 100 times. According to him, a few years ago, after working out the pattern of a bullish reversal, the "Double bottom" was followed by the so-called "parabolic arc", which ended in December 2017 near the $ 20,000 mark.
Now history repeats itself and after the second depression of the "Double bottom", the trader believes, exponential growth can follow a similar trajectory.