If we compare market trend obviously it doesn't follow previous I mean 2017 bull run
Many investors are staying on hodling line as they say it could cross 150k$ 💵 which sounds unrealistic but honestly speaking it is possible as the increase in stablecoin demands like USDT is increasing day by day.
So, there is a possibility but not necessary. Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?
Different bull runs have different catalysts, this 2020 bull run was fueled by institutional money coming to the market. So it might be big in the next coming months as we might be taking about $100k or more here. Yes, everything is possible, $390k might be surpassed as well as long as there are money that will pour into the market. The exponential growth might slow down though as we reach 6 digits in the future.