I believe that this is the end of the bull run. BTC will normalize at around 20k. Because of all the hype around crypto, I think that we might see a new bull run at the start or middle of 2022.
If we compare the 2017 bull run to this one. The gains are pretty close. And this bull run is lasting longer than the last one. Let's not forget that crypto is influenced by a lot of whales who might take profits and buy the dips. So it would be realistic to think that a bull run will happen more often than before. But this is not a guarantee.
On the other hand.
The last bull run was about 800% at the peak give or take. This one is only 580% give or take. So we might see a new ATH Before the end. But we are not at the start of the run or the middle. We are nearing the end of this run.
I would recommend keeping a close eye on the crypto space. We might see the last try to beat the ATH or we might be at the end of the run.
If we compare the 2017 bull run to this one. The gains are pretty close. And this bull run is lasting longer than the last one. Let's not forget that crypto is influenced by a lot of whales who might take profits and buy the dips. So it would be realistic to think that a bull run will happen more often than before. But this is not a guarantee.
On the other hand.
The last bull run was about 800% at the peak give or take. This one is only 580% give or take. So we might see a new ATH Before the end. But we are not at the start of the run or the middle. We are nearing the end of this run.
I would recommend keeping a close eye on the crypto space. We might see the last try to beat the ATH or we might be at the end of the run.