According to Binance CEO - CZ, activity on Binance exchange is higher than in December 2017. According to PlanB that created stock-to-flow model, the bull run is here, his claim is based on the value of RSI that is currently on 64 points. And the last positive claim comes from Goldstein that said that Bitcoin already has value more than $100,000 because there are statistically more people that will hold BTC to this level. 
I hope that you're right and the "real" bull run is a thing to come in the nearest future.However, I don't see how it could be a real thing, because as you already mentioned a lot of people already invested in bitcoin and I believe than new investors are the engine of the bull run of it, not holders that much.
So my expectations is when most of the possible interested people will invest in bitcoin its price will experience somewhat correction.