Many people expect there will be another bull run in the more or less near future. But who, whose money, what will be the fuel for next bull run? New investors? Smart money?
It doesnt have to be new investors, it can just be a more rapid exchange of money at a higher agreed price to that trade. Monetary velocity of BTC is much larger then conventional currencies and helps boost its effective valuation I think.
What we have here is a potential breakout, been a while forming but seems a meeting of two trends is still occurring
