The bull circle for this year is having the same kind like in 2017. I think the difference is the doubt that came because of covid-19.and with that bitcoin still went up to a new ATH. Because of the covid-19, it was a slow move until now around november and an extension to December that it had major increase. But the 2017 was an early run with clear direction of bull that got more people trapped when the bear started.
No you are wrong on finding out the possible reason on why we had increased up soo much! This doesnt particularly talks about covid-19. Just to think on how it would be affecting on positive side towards the market?
Why wouldnt consider on that Paypal adoption instead? We are indeed having the same movement back in 2017 but this isnt something to be the same on adoption rate or level.Observing the price on how it
behaves when it comes to price corrections and recovery.? This isnt the same wayback where correction did really result into a heavy crash which did really create big panic on the entire market.
On this point we are seeing different one but doesnt mean that it wont crash, there's always a tendency for it to happen.