Post
Topic
Board Altcoin Discussion
Re: Better than before
by
michellee
on 28/02/2021, 07:34:16 UTC
I almost got confused that the bullrun is over until I think about everything deeply again, here is what I think about, this bull season is not like 2017s, we don't have powerful people buying BTC this crazily in the past, crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
Yes true this 2021 bullrun is differrent from 2017 bullrun. Because of pandemic crisis more fiat money are printed out of thin air thats why big companies or many people in general are looking for asset to invest to protect thier wealth from hyper inflations.  One of the best performing asset that people choose is bitcoin and other crypto currencies.
Maybe in 2021, bitcoin will have a long bull run than what we saw in 2017 as bitcoin price does not yet touch the real ATH, although we already see the new highest price in $58k this month. When more big companies can see bitcoin's benefits to their company, they will try to invest in bitcoin in a small portion while they can see and analyze the bitcoin price movements. If they think that is what they are looking for, they will use big money to invest in bitcoin.