During my research about bitcoin,I was acquainted with the paraphrase BULL RUN, which from a wide range of meaning it's a state or period of time when the prices of stock's and shares rise above normal.
You got that right
Then Reflecting it back on bitcoin I learnt it is when crypto prices increase rapidly and significantly, so when the bitcoin prices increases what happens to the stock market?? Which drive me back to this question that "WHY IS BITCOIN ALWAYS IN A STATE OF BULL RUN"BTC
"Always" is an overstatement!
The only reason why you might say "Always" is because everyone wants the piece of the pie that the early adopters got..so at any given chance we always want to hype the coin so that it can hit an all time high for most to cashout and emulate the first crypto millionaire...but we all know that crypto today isn't as speculative and volatile as it was back then which means we have to wait longer.
Btw from how markets move, we can not have a continuous bull run because markets need to accumulate and expand , which means generate liquidity (fuel) which price can use to go up, without it price won't get where it needs to be.