It seems likely that this recent third bottom of 2018 was the final bottoming out. Don't think price is gonna start going crazy or anything now, though it might go crazy until the ETF verdict, but generally I think we're right at the start of a new bull market.
The last bull market lasted about 2.5 years from mid-2015 to end of 2017. How long do you think this one will be?
I could see it lasting until late 2019 or maybe even late 2020 past the next halving. I think we'll see or get close to $100k on the peak of the next bull run in less than 30 months. I think institutional investors and traditional retail investors (like through ETFs) will drive this bull run, with of course another round of serious FOMO from the public eventually just like late last year.
Now is the time to get in if you're smart money, whether hodling or trading.
I dont think we reached bottom of this Bitcoin cycle yet and this bitcoin run should end close to 10th August. So more then two weeks. bitcoin can grow quite a bit until then.
I think that most of the investors believe that bitcoin price will continue increasing its value and will continue to becoming popular for a long time because still majority of people do not have any idea about bitcoin and it will therefor take a lot of time when bitcoin will become so much popular that all the people of the world start using bitcoin .