The exciting and wild big bull run in 2017 was attributed by many to the heavy speculations and when bitcoin waned the market panic which partly resulted into the bitcoin winter that affected us in 2018. Now, in 2019, bitcoin started to show its bullish side and this time around it is attributed to FOMO (fear of missing out).
When bitcoin can go beyond the $10,000 psychological barrier, what do you think they will attach it to? I guess the honor will go to aliens (just kidding). Seriously speaking, what can be wrong with these scenarios?
Bitcoin bull run in 2017 not because of speculation will include the demands and the most causes trigger for the bullish is the august sigwet correction.
My opinion if bitcoin today rach 10,000$' increase possible to bring it into another bull run but depends on the volality moments because we know bitcoiner is unpredictable.