7 Judgments on the Causes and Trends of This Bitcoin Bull Market

Since November, overseas investment institutions like Grayscale Trust have continuously released messages supporting Bitcoin, and Bitcoin is getting closer to breaking through the December 2017 high. The market's definition of this bull market is institutional bull, which is more stable compared to the previous two bull markets. However, during Bitcoin's price rally, market sentiment seems less enthusiastic, showing huge contrast with the previous two bull markets. Some even joked that this bull market is "Pancake Guy's" lonely journey.