The BITCOIN BULLRUN is far from over!! BTC will surpass $50k again soon!!! — Photo by Jared Schwitzke on Unsplash. Bitcoin isn’t the only network advancing in strength and functionality, either, as the Ethereum 2.0 launch has started and will only continue to grow and add functionality over time. Specifically, Bitcoin entered 2021 at just over $29,000 and continued to rise to $41,900 on January 8th. Bitcoin proponents are convinced bull … Meaning, Bitcoin still has a long way to go before it exhausts the current buying pressure and flips negative followed by a u-turn in its price action. Is bitcoin 2021 bullrun over? Bitcoin is a distributed, worldwide, decentralized digital money. Is the bull-run over? The Bitcoin Bull Run Is Far From Over – Here’s What’s Following May 11 2021 - 09:59AM ZyCrypto Bitcoin entered the month of May above $50,000 but … No, it’s not! Hence, Plan B said that it was still early and Bitcoin’s bull run is far from over. Bitcoin Bull Run 2021. Bitcoin’s five-day drop has caused much debate over where it stands now; The failure to stay over $12,000 has given us a new boss level to overcome; The bull run may be postponed until November-December; Bitcoin, and the entire cryptocurrency market, has endured a severe correction that has ruined many an investor’s portfolio. A community dedicated to Bitcoin, the currency of the Internet. Why?? To answer the second most common question right ahead, the biggest winners in my portfolio alongside Bitcoin are Ethereum, Chainlink, Vechain, and BEST. My Inbox is exploding, everyone is asking me right now if the Bull Run is over, and I can just repeat myself! The month-long upward trend of Bitcoin and Co. was stopped for … Despite the massive rise, analysis shows that bitcoin’s bull run likely isn’t over as fear of missing out (FOMO) hasn’t set in yet. As you can see, this number plummeted during the bull run … Clemente recently weighed in with some fundamental analysis in which he describes the state of the Bitcoin market, explaining why the Bitcoin bull run is far from over, and why the bear market points to a bullish pattern from the within than it does in a weak market. The Coinbase IPO in Davis added that the crypto bull run is not yet over, rather, it will eventually end at a certain point. 2021’s Bitcoin bull run has, so far, taken the price of Bitcoin to an all-time high of more than 40% of its price at the end of 2020. As bitcoin prices hover above the $55k zone, a number of participants wonder when the bull run will end. There is a bullish explanation for the state of the Bitcoin market. Don’t forget that this entire Bitcoin bull action is built on top of massive value in a network that continues to grow stronger and more sound over time. The crypto market has cracked its market cap of $ 1 trillion (image below), In a post, Davis asked the Twitter community if the crypto bull run ended today, how will they be. The price of bitcoin moved from little over $11,000 in October of last year to a new all-time high above $58,000 earlier this month. 62.31 percent of all bitcoin in circulation hasn't been moved in over a year, and less than 15 percent of it is actively traded on exchanges. This much bitcoin hasn't been HODLed since pre-2017. Crypto analyst Lark Davis has tweeted that he is optimistic about the current crypto bull run. It needed to happen. ALERT!
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