Analyst: Bitcoin bull market seems to start when mining difficulty bottoms, or will innovate up to $370,000

CB, a cryptocurrency analyst, said that the bitcoin bull market seems to have started from the bottom of the mining difficulty. The time when Bitcoin mining difficulty bottomed out and the corresponding currency prices were: December 2011 ($4.6), May 2015 ($230), and December 2018 ($3691). Prices continue to rise from these bottoms until the record high, which is about 100 times higher. This means that Bitcoin will continue to rise until it hit a record high of $370,000.