Are we really in the bullrun?
It has been more than two weeks since we had the huge price movement on Bitcoin, but does it mean that we are heading into another bull run? I think those who are holding a lot of bitcoin can now smile widely, at least Michael Saylor and Nayib Bukulele are the one who can really prove their bold move are paid well at the moment.
but what does it means to the rest of the crypto sphere? At the moment, we have a price surge on Hive where it hits back above $0.2 marks, which is really good move that we have been waiting for. the price had stayed below $0.2 mark for quite sometimes, and some of the paperhand already felt the tremble on its hands to sell Hive while they can.
Are we really in the bull run this time? and then how far will Bitcoin price pushes the other coin and ecosystem up? As we speak, although there has been a price spike in Hive, but we are still way way below the ATH at $3.
Will we ever reach that stage again? with the rumour that during the previous bullrun the now closed-down exchange FTX is said to played a big role in making the altcoin prices back then. And now they are gone in the abbyss, which exchange, or how things will playout in the end?