The cryptocurrency market has reached a steady growth period. In particular, this is evidenced by the rapid return of Bitcoin to a $ 8000 level after a short fall, believing that Arthur Hayes, CEO and co-founder of BitMEX, believes.
The bull market is real. We are back above the Sepang and Dec. Booyah! pic.twitter.com/qknhDQ8i7p
– Arthur Hayes (@CryptoHayes) 19 May, 2019
He said that another indication of the BBC's tendency is that BTC's future market contracts are trading significantly higher than the price of the cryptocurrency.
“The bull market is a reality. A sharp fall was below $ 7,000, and a few days later we returned above $ 8,000, and there are agreements for September and December in. contango", – wrote Arthur Hayes.
The BitMEX viewpoint was shared by the crypto trader The Crypto Dog, who highlighted the weekly volumes of Bitcoin trading.
Weekly resistance: ~ 8215
Weekly support: ~ 7300 pic.twitter.com/NpMIPxkcaY
– The Crypto Dog? (@TheCryptoDog) 20 May, 2019
Earlier, Tom Lee, co-founder of Global Fundstrat Consultants, named 13 signals of the return of the bullish trend in the cryptocurrency market. The analyst called on a rapid recovery of the bitcoin price after pulling down one of the main signs of cryptozymes end.
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