Bitcoin now reached a 2 years high crossing 10K. Crypto have had a long bearish trend the last 2 years. Now the bull run is back again. What would the Bitcoin price hit this time? Will it cross the 20K line or would stay lower?
I do not think we are already in the Bull market, because I see the price of Bitcoin has jumped high
but it did not last long, and now the price of Bitcoin is being stagnant. Maybe the Bullrun will happen in the next month.
I dont understand what you mean by the price did not last long, I believe that ever since we started experiencing this surge, the price of bitcoin has stayed uptrend and the highest it has ever dropped to is still $9k which is still far higher than the bear market price that it ended with when the bull run took over from that April.
I know that we dont see continuous increase like what we saw in the last bull run of 2017 that took 7 week to continue to surge, but the fact that there is correction amongst them does not mean that there would still not be continuity of the current trend, this correction is just temporary and I am sure that it will be over very soon for bitcoin to continue on its journey to ATH. I know that by next month, we will determine if the second part off the bull run will be this year or next year.