What do you think will need to happen for the next bull run to occur? 📈
Here are three things I believe would make sense:
A crash to $4-5k BTC to bring us below production cost of mining. Causing miners to go out of business and raise demand.
More regulations to prevent price manipulation in the markets.
Institutional investors finally feel that it’s “safe” to put their money in Bitcoin and other cryptocurrencies. It actually becomes a store of value rather than an extremely volatile asset class with no real usage.