The most important thing is the percentage.
there are more capital, human capital, infrastructure and high quality projects than in 2017, BUT, we need more money to take the same %profit, the amount to reach x20 of the last ATH is HUGE.
We will see profit, but not like the last bullrun
A common assumption, and one I disagree. Keep in mind, price is determined by both supply
and demand. By focusing only on the amount of money needed to sustain the market, you are actually assuming static supply. What happens during bubbles: supply on exchanges exponentially decreases.
Very few people account for that phenomenon. When everyone is refusing to sell their coins, the potential gains are nearly limitless, at least during the temporary and short-lived blow off top.