Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.
I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..
Care to help me understand how you think this?
All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
First of all, I don't get why just because some people choose to speculate on the price of bitcoin would automatically mean that the price of bitcoin wouldn't be able to go up anymore? I mean, these are really not mutually exclusive by any means.
You're right about last year being one of the biggest bull markets that we've seen, though. And I do believe that last year's bull market will probably be the most in magnitude that we'll see in a while, to be frank, due to the fact that now the entire bitcoin sphere is a lot more mature and it's harder for such percentages of gains to be achieved.
But bull markets are a part of the normal cycles that occur within bitcoin, and with the halving coming up in 2 years time, I would definitely be confident in saying that a bull market would be due as soon as prices bottom out, which I believe isn't right now. Of course, I don't expect it to be anything near last year's growth, though.