As the leading crypto by market cap dusts itself off and picks itself up following an 85% fall over the last two years, bullish sentiment and exuberance are once again surrounding Bitcoin and the rest of the crypto market.
With a bottom essentially confirmed, the price of Bitcoin has risen sharply due to FOMO. The resurgence of speculative hope has caused may crypto analysts to reflect on the last crypto bull run that took Bitcoin to its all-time high of $20,000, and consider what’s changed since that could lead to an even larger bull run this time around.
Key Factors Fueling The Next Bull Run To Even Higher Heights
When Bitcoin exploded into the public eye in 2017, the vast majority of the general public had never before heard of the cryptocurrency created by Satoshi Nakamoto. The public’s curiosity being piqued and their front-seat view as Bitcoin nearly doubled in a month from $10,000 to $20,000 sparked FOMO buying at the peak of the bubble pop.
A bear market erased all of…
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