The first rise was kinda made out of nothing, while now there is big money crisis around the world, that will not get solved that soon. There will be a correction, that's mandatory for me, since the market got crazy and we're now steaming toward 1300$/BTC I think. This correction won't put us back to 400$, except in the case a sole person is behind this huge rally and he cash out all its profits instantly, but this seems very unprobable, but more something like 800-900$.
Exactly!
Fact is that the first rise was just... you know just a special phenomenon. It was just btc getting sudden popularity around the world so thousands of people who didn't even know what bitcoin was started buying them just because it was the trend and lots of intelligent people said it was the future.
Here there is nothing like that. Medias aren't covering it or anything. It's just that number of adopters is increasing, btc income diminished after halving and lots of people see the current economic situation as a disaster and start understanding that fiat is pretty much worthless. So they try to find new solutions and btc is one of them.
Doesn't mean it won't drop though, but it won't be the same crash as in 2014. Or at least I don't think so.
