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?
Yeah, it is sudden to see bitcoin price rise, and after hacking Binance, still the price of bitcoin is continue, and now without 2 days, bitcoin has reached above $8000, so to see it i could say, this period will be continue of bitcoin bull run.