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?
The market once again seems to rise as the prices have surge towards $8000 but according to the news this is not the actual price rise but a normal pump due to increase in market cap with increase in investment. It might be the sharks who are once again manipulating the prices to make huge profits.So we must wait for the actual time to come soon.