But it is still a long way to go to try and test another all-time-high. It will be tough replicating last years performance, but who know's what the future will bring to all of us.
The problem that people don't seem to understand with last year's all time high, is the fact that it was the result of an insane hype momentum that had everything on its side, where right now, we are going up in a much different way. I personally consider the $20,000 peak to be nonexistent because of how empty that increase was. In other words, we
shouldn't want last year's performance to replicate.
Exchanges might have taken
some steps to upgrade and improve their capacity and trading engines, but it's by far not enough to go through a similar hype momentum. The only thing another bull run will do is point out that Bitcoin and the entire ecosystem isn't ready for that level of usage, yet. In that regard, I hope we'll be seeing the market increase gradually, where the main push hopefully comes from LN or other actually bullish developments later on.
People shouldn't let the media and all other nonsense trolls make them believe that Bitcoin is doing bad because it's far away from that stupid $20,000 level. Instead, focus on that what actually indicates growth, the bottoms.
