When Bitcoin started its gradual drop from the $6,000 region last year, the bulls seem to have lost their momentum in market cap, volume and trading price. Since the leading cryptocurrency has been left around the $3,000 mark, the whole crypto market has been left in a state of turmoil which has seen the crypto community start to speculate on the future and what the key trigger will be for the revival of the beloved Bitcoin.
In 2018 there were numerous experts and analysts who took back their predictions as it became obvious that Bitcoin would need more than just a ‘pump and dump’ rally to spark a bull run. Elsewhere, there were a few other Bitcoin enthusiasts that had predicted some new all-time highs in 2019 considering that the US Securities and Exchange Commission and other big investors are most likely to decide on different factors that will affect the growth of Bitcoin throughout this year and will also go on to start a massive bull run.
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