the reason is because you forgot to ask why bitcoin price dropped 50% in 5 months ago so now you are confused about why the price is rising back up to where it belongs. none of the things said in that article are correct because the reason is simply because we were underpriced (in a reverse bubble) which needed to be corrected and now it is starting to be corrected.
- Mining Rewards Halvening
we are far away from this to be an actual reason!
-Trade Wars
that's just nonsense because bitcoin is not used in any of this "war" between China and US to be affected by it. you could have used it as a reason only if people were using bitcoin as their import export currency for trading.
- Tether
this is completely irrelevant not to mention that the article is stupidly claiming that people sold Tether for USD and then bought bitcoin with it!!! which caused the price rise.
- Institutional Money
this has not yet happened in any meaningful big scale. it has been happening slowly so it can't be the "new" reason for the "new rises"
I like that mate, and I agree with you that this is where bitcoin is expected to be and the question we should always ask ourselves is why bitcoin drop and not the reverse. If not because of the system whales took advantage of and manipulated, we were actually not supposed to see that ath of $20k that soon.
The way bitcoin is slowly increase which makes the market very healthy now is the way bitcoin ought to have been performing. This increase is not even an abnormal one for us to be querying, we are just simply having more demands for it as we get more adoption and investment from new investors.