BTC has rebounded strongly this weekend after recently falling below the $91,000 mark and is now slightly back to around $96,000. In the process, veteran trader Peter Brandt reiterated his bullish view on BTC and said that it may continue to rise in the future. In addition, other on-chain indicators also point to good momentum for BTC in the future. In a recent analysis, Brandt said that BTC may reach $108,358 in the next few days. However, he also cited technical charts to warn that the BTC price may pull back to $76,614 in the upward trend, adding that "this is not a prediction", pointing out the risks in the market. He said that these analyses only reflect "possibilities, not probabilities, not certainties". In addition, he recently set a BTC price target of $125,000.

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