there’s no rule or rhythm to the Bitcoin price?

[MarkRoberts]

Sure there is, Bitcoin is useful and The main reasons for the return of the bull market in 2020/21 are the following

1)The may 11, 2020 halvening created a supply shock where the amount of mined Bitcoin dropped from 12.5 BTC per block inflation to 6.25 BTC block inflation . As you can see with the 6 month delay in the July 9, 2016 halvening creating the 2017 bull market this scarcity takes time to set in which would indicate we are just at the start of the bull market

2)New institutional investors from square, MicroStrategy , MassMutual hedging part of their portfolio in Bitcoin

3) Fear of higher taxes due to economic stimulus packages and over spending causing capital flight into bitcoin to avoid taxes and inflation

4) More adoption from retail investors and liquidity options to invest in bitcoin


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