Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).
Bitcoin has 14 green weekly candles in the last 17 weeks.
Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.
Is the Bitcoin bull run started?
What are the main leading factors of this bull run?
We shouldn't conclude now because of the market trend since it not working days. However, the bullish market is yet to start but it seems like we are currently experiencing a partial bullish market because alot of investors chooses to buy and more Bitcoin now since we are going to experience halving in the next 12months.