Regardless of whether we are still in the Bull market or not, there is one thing that is clear to me.
We have not yet experienced an "effervescence" comparable to that experienced by some of us in late 2017 and early 2018.
I remember it as if it were yesterday, there came a time when all places were talking about the same thing, BITCOIN, blockchain, ICO, DApps, mining ... it was a recurring theme in all houses during Christmas 2017, even in many families including mine, gifts were received in the form of $100 in BITCOIN on exchanges such as COINBASE.
I still remember my brother-in-law giving me that amount of dollars in BTC, believing that I was unaware of the subject and then, I remember as well the surprised face he made when he discovered later that I was a couple of years ahead of him with respect to the subject BITCOIN, Blockchain and cryptocurrencies (LOL).
Despite the spectacular development in the DeFi field and although knowing that the market cap has tripled that of the top in 2018, the popularity of crypto in general has not been reflected in the people on the street.
Is it possible that it seemed normal to us that BTC reached $ 63,000 so easily or what?
In my opinion, the growth expectations of BITCOIN were so high that, perhaps, no one has been surprised that it has reached these values...
Google trends is a simple tool to see the popularity or interest that a particular term produces on the web.
It seems clear that the interest in BTC has lagged a bit beyond the middle of the previous ATH.
No gentlemen, no... I don't think we're done with the bull cycle yet.
Moreover, although I think we can still see BTC below $ 30,000, in my opinion, we are not far from the price of BTC landing near current levels... I simply think that the ruses of the price manipulators are running out, this time it does not seem so easy for the HODLRS to dispose of their belongings at any cost.
I expect a strong rebound in the current price level or something lower than 30K, which will resume the BULL market again... then we surely will feel something similar to the previous BULL cycle.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
@toofasteddie