Dear no need to confused about bitcoin bullish.
As its price of bitcoin is depend on its market. If world start interesting in bitcoin and increased its business in bitcoin then demand of bitcoin will increased and automatically bitcoin price will increased as fast as its demand increased and same in the case of decreasing demand. So you need to just enjoy getting profit while playing in crypto currency market. Keep in mind coming world is turning toward crypto currency. So keep your interest here and hope for the best.
The increased demand for bitcoin is really when Paypal joins, people are more aware that cryptocurrencies will be the main payment method of the future. No need to confused is correct, the price increase is just beginning and it will go even higher.
Couple of things along with paypal, even Biden winning is good as may have a positive stand on bitcoin is what the market is expecting it. This is also helping the prices to be pushing upwards and now we are at 16300$. Let us now see by year end where can we see the price, will it break ATH this year itself or will it be 2021.
The rumor that Biden will bring the Bitcoin dump is fake,
in fact now it seems that the Bitcoin price is able to break the $ 16,000 resistance,
maybe this FUD is being spread because the whales want to buy Bitcoin at a low price,
just hold on and wait until the Bitcoin price breaks ATH.