Marcus Thielen, head of research at crypto-financial service Matrixport, said this in his interview with CoinDesk editors.
On June 22, bitcoin hit a new yearly high. This signal has historically indicated the end of bear markets and the beginning of bull markets,” said Marcus Thielen.
The forecast is based on the average returns of similar signals in the past: August 2012, December 2015, May 2019 and August 2020.
