in 2013, the bitcoin condition that affected the value of bitcoin was very good, Germany legalized bitcoin and considered "private money", zipzap services increased the volume of bitcoin for 2014, 12000 restaurants in US received transactions using bitcoin, and ebay also received services for bitcoin transactions.
and that is a positive condition that can make bitcoin have a higher value, and in reality, bitcoin creates graphics better than in 2012.
and today, we see that many positive conditions, but do not affect bitcoin to create bullish, what happens with bitcoin?
What happens now is that Bitcoin market it's more mature, to make an example I would choose the last two ETF denials or extensions. The expectancy of an approval it was pretty low so its reflected in the price because is what everybody knows, same happens with the altcoin market. We are going in a maturation stage, so until we see the biggest capitals joining and accepting their stakes of bitcoin the price will not move so much.