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.
Today's bull run was really far different compared to what we have on 2017's bull run as the market became stronger and firm due to entering the stage of institutional investors. Now that large institutions are now seeing the potential of crypto reaching $150k is now more clearer, however, I still don't think that it will happen on this current rally, perhaps in the halving, I guess. It is possible but we don't exactly when though. Bitcoin was still unpredictable after all.
Some says 390k$ is an easy target for bitcoin to achieve.So,I believe on a long bull run. What are your thoughts?
For this one I disagree, $390k is possible, yes, but I don't think it is easy to achieve because, to be honest, it's pretty far, it may take a couple of decades for us to witness that enormous amount.