Read before posting Negative feedbacl:
I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
Hey for all the ranting here you are discussing about Icos and not about bitcoins those two are different things and don't have any relation, except at times people do believe bitcoins influence alts prices which is true but alts never influence bitcoins prices. If you're not aware google and Facebook have revoked their stand on crypto ads, sec has been forced to rethink about bitcoins etf, and yes the bull run will come when etf will be approved. I don't know where you calculated people will dump it at 9k another absurd claim, bitcoins has shown slow but steady movements and in the long run we should see good returns on our investments.