Which Stage of the Bitcoin Bull Market Are We In?

The previous price cycle models are gradually becoming ineffective. Starting from October 2020, Bitcoin had six consecutive monthly green candles, a type of rally that is rare in Bitcoin's history and even in the traditional financial world. What exactly drove Bitcoin's continuous rise? We predicted in our February 8th article "Tesla's High-Profile Entry, How High Will Bitcoin Rise in 2021?" that BTC price could reach $50,000-$60,000 by April (Bitcoin was trading between $30,000-$40,000 at the time), and provided detailed analysis of the main factors driving BTC's sustained rise.