Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom

November 24, 2020 | By | Reply | 25 Readers More


While digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern, it’s quite possible the crypto-asset could reach $160k per unit.

At the time of publication, the cryptocurrency economy is well above a half of a trillion dollars and is hovering at $538 billion today. The great 2020 crypto price boom has a number of crypto proponents wholeheartedly believing the bitcoin bull run is now in session.

At a price height of around $18,977 per coin, bitcoin (BTC) has come awfully close to reaching the 2017 all-time high. A myriad of individuals think that bitcoin could quite easily reach six digits in…

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