Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.
Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
According to the current situation of the general economy and the inflationary fiat money, this bull run will last quite a long time. It will be different from 2017, the price of Bitcoin is now steadily increasing due to large investment funds that really want to hold Bitcoin. It is no longer what it was in 2017 because Bitcoin has truly shown its function and people now want to hold Bitcoin to avoid losing the value of their fiat money.Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
So this is the reason why Bitcoin will not be sold off easily when it nears ATH again. It even breaks down early in these late 2020 days
