Reason for the current BTC bull run

[Artemis3]

According to my humble opinion, there are 3 reasons that lead to the current Bitcoin Bull Run:

1/ US Stock market: the US stock market has experienced strong growth over the past few years and may now be at the peak and unpredictable, the complicated trade war between US and China is confusing many investors, investors are even more uncertain about the long-term stability of stocks, so they are thinking about the other profitable investment tool, which is crypto and in the short term - Bitcoin, bitcoin is now widely known, it also has a US stock market derivative tool, bitcoin's inflation percentage also falls cyclical and more importantly its expected interest rate for a long time is quite attractive for adventurous investors, those factors will create interests for America investors in investing BTC.

2/  Miners: we all know that Bitcoin halving is very near (less than 1 year) and roughly 17 mil bitcoins have been mined. This made the demand of BTC increased. One other reason is some big mining company is preparing for US IPO (i.e. Canaan Creative), so they need to keep the BTC price high, then they can sell more mining device

3/ The need of USDT from Chinese: Since China government is issuing strict capital control measure and also weaken their currency. Therefore, USDT is a very good way for Chinese investors to escape this situation. This added more power for this BTC run.

No i don't think so. The Chinese don't need USDT or any of the others, they are using Bitcoin and perhaps some few other altcoins if only to bypass controls. The Chinese Yuan is currently very strong against the USD (let alone USDT with its "30%" fractional reserve).

Canaan big? Well i guess Bitmain was trying to IPO closer to their home but Jihan Wu went crazy pursuing unneeded things like an altcoin, but who knows with the new guy if they will try again. But i doubt that has anything to do with it.

Your first comment sounds more reasonable. The traditional (flee to) when things look bad are metals, but some investors might be combining with crypto.

I doubt this has really much to do with the "bull run", i think its just the halving expectancy, and nothing more. We had already one and corrected, this might be too early and could go back down again before finally going for the halving run.

[EdenHazard]

I guess for the economic situation such this time many investors have been aware that bitcoin is included as safe haven to store their money aside of gold. Even there is an expert who said that bitcoin is really promising  to be use as investment and will give a huge profit in the future.

Because the supply of gold cannot be guessed, there is no some people who knows a supply of gold whilst the supply of bitcoin has been known by all people and when all bitcoin completed to be mined. This is will make bitcoin price will goes high after all of them was mined and the demand of bitcoin will be high.

[Botnake]

Aside from OP's reason I think a video from Chico crypto can explain it more.  Here is the break down of the video regarding the BTC bull run.

1.  Scarcity of Bitcoin started to sink in
2.  The demand and use of Bitcoin keep on increasing
3.  Whole lot of liquidity on shitcoin that will eventually transfer to Bitcoin
 

The main reason is the demand is increasing, the rest are just attributes to the increase.
However, even if BTC has increased significantly this year,  I would not agree that we are already in a bull run, maybe it's just a sign, but we are not there yet.

[Abolaji11]

Although you have a valid point with your underlisted pump reasons. However, you can't be sure of the main reason why we are seeing some surge in bitcoin price. However, one thing is certain, bitcoin popularity is increasing and the surge in price is definitely not a bubble as we witness in late 2017.

[nicecrypto]

I really don't see any bull run that is out of the ordinary, to me this is a normal uptrend of btc price and has nothing to do with what type of measures the chines government are taking to control capital in their country, shouldn't the price go up after that few days of correction, must we attribute any move btc made to some actions taken by government

[No Pain No blood]

Aside from OP's reason I think a video from Chico crypto can explain it more.  Here is the break down of the video regarding the BTC bull run.

1.  Scarcity of Bitcoin started to sink in
2.  The demand and use of Bitcoin keep on increasing
3.  Whole lot of liquidity on shitcoin that will eventually transfer to Bitcoin
  

for the latter I disagree, because normally they will transfer not only to bitcoin. ethereum, and USDT is also one of the most chosen coins. but even so, I think all of those reasons make sense. and maybe there will be a big pump soon.

[Little_king]

The current price surge in btc is due to many good news in the industry with a favour to BTC which make many to get in and makes alts all in red , I think this is a best way to make it work out since some countries are not willing to accept it as money but some are very optimistic about it becoming great in near future , so I think this a some good reason to have .

[pawanjain]

The bull run that we are experiencing today is unlike the bull run last 2017, this time it is much stable and not a bubble.

A little bit too early to assume that. We can only say that it's not a bubble because it hasn't broken all-time-highs yet.

People were pretty much saying the same stuff at the bull run of 2017. "It's not a bubble", and my favorite: "this time it's different". Well, it obviously popped.

Yeah, it's pretty much not a bubble unless the price spikes up in a short time or if it increases in price for no reason.
The last bull run did have reasons to increase but the price spiked up way too quickly in a short time, thus making the bubble pop.
As of the current trend, I do not know if it's a bull run or not but the price is growing quite steadily. If it keeps the same pace then might be this time, we may not see the bubble burst again