Ladies and gentlemen, traders and hodlers.
In the following I will be clarifying the most probable reason for Bitcoin to breakout by explaining Satoshi Nakamotos vision.
We already know that a bullrun as we have seen in December 2017 does not happen for no reason. There are indicators you should follow as there are also indicators you shouldnt pay too much attention to. - The Nasdaq Composite Index for example rises and rises, Bitcoin and its following Altcoins have never followed the extraordinary tech market bullrun. The crypto territory needs to find its own place and it actually did.
If you want to compare it, then you have to compare it with the actual situation in the banking sector and government because they have the biggest impact on the price of Bitcoin as they set the sentimentals. They mostly win, but they only need one loss to lose control.
What defines the integrity of Bitcoin?
The thing that makes Bitcoin what it is is the independency. A Bitcoin can´t be taken away. A bank makes you dependent, they have control over your money and decide whether the transaction gets approved or not.
In addition to that the government can restrict a currency in the country.
Satoshi Nakamoto invented Bitcoin for a predicted purpose in the interests of private households. Keep this in mind guys.
Every Bullrun we have seen in the past is just a waterdrop. As soon as we have enough waterdrops collected, we can start spreading independency in private homes.
The rain of freedom will occur when faith in the current Banking system breaks. People say Banks are
I dont know any other alternative than Bitcoin after a failed FIAT-System
If you agree to me, leave a upvote and feel free to comment your thoughts on this. If you don´t, I´m willing to learn from you :)
Disclaimer: This is just my personal perspective related to the next financial crisis.
There are many other scenarios that could happen and many other aspects to pay attention to.
This is pure speculation.