Reason why crypto market bull run

[Ararbermas]

It's all FUD and FOMO dynamics, if there's great news you see the price quickly spike, similarly if there is bad news it crashes just as quick (or even quicker recently).

Right now there is a whole load of FUD, so the market tends to crash more often than it rises. When there is no FUD or FOMO the market relies on simple supply and demand, which tends to gradually push up the price due to the scarcity of BTC and the growing market size.

. True. because that's the common reason nowadays why there's always a manipulation on the market .especially when fud's strike and want to frighten all investors which is for sure there's always a quick reaction of the market. But I'm very confused why they can easily convinced ppl to jump on their statement?  Is that possible fud's is one of the type of whales? Lol

[davinchi]

the reason why bitcoin can return to a bull run is because many countries legalize bitcoin as a legitimate financial transaction tool, then some positive news about bitcoin and crypto currency trading in various exchangers, and that good news will affect bitcoin for a bull run.

It is essential that we have as many countries as possible to legalize it so that world as a whole can accept it and transaction across the world happens majorly through crypto currency. This can help crypto to grow much quicker and can be used in our daily lives too.

There is always a rise and recovery in the economy. At times, there might be a prolonged stagnation and a fall but since we have the cyclical models, the market is expected to repeat the boom period over again and so on.

Hence, this is the reason that we might experience a bull run. The blockchain is being introduced in many countries and this is the start of digitization of their currency.