"Bitcoin has now gone 173 days without a new high. Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run. We know that Mt. Gox "helped" make that previous streak a reality, and current conditions are not even similar, there is much more awareness and players. But do you think the the overhype that took it to 20k and its followed drop for the past 6 moths (which caused major disillusions) , will make it more difficult for BTC to reach new highs?
Noting is difficult for bitcoin as you see the previous record of BTC you may notice that how it have gone to 20K in just limited time. In Year 2017, BTC has done a tremendous job and hopefully it will be doing even more amazing job at the end of this year. At this time BTC is just checking the patience of new traders and junior members like us.