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Bitcoin Prize $ 10,000: So Versus Now and Revisiting the Last Crypto



During the 2017 crypto ball, the Bitcoin prize spent very little time over $ 10,000 when it arrived. During Thanksgiving, Bitcoin broke over $ 10,000, and by Christmas it had already hit its full-time $ 20,000 and began the start of its correction, which led to a long bear market.

At that time there was a media phase, widespread FOMO, and more run up the price so quickly. This time, Crypto and Bitcoin have since been pronounced dead, and the public investing publicly has completely forgotten or written it as a scam, dish or worse. The difference in mood alone is interesting, although the price levels are the same – what is different this time?

Trip Down Memory Lane: Revision of Crypto Bull Run in 201
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Everywhere you looked in the last few months of 2017 there was bitcoin. The Crypto activity was about dining tables on holidays, made headlines in large media stores everywhere and really shocked Wall Street pundits who had written it as a waste of time or money, a scam, dish or vehicle for illegal activities.

Related reading | Why The Next Bitcoin Bull Run Could Eclipse The Last Crypto Bubble

The ordinary buzz caught the public's attention, which was fascinated by the digital version of money and hypnotized by the wealth of wealth and richest beyond their wildest Dreams like stories of early Bitcoin investors showed that millionaires were featured on television.

By this time, the vast majority had not even heard of Bitcoin let alone know what it was. But curiosity was piqued, the cat was knocked out of the bag, and Bitcoin became a house name – even on its way to beloved TV shows such as Jeopardy or in board games like Scrabble.

The bubble appeared and all excited

Bitcoin Price Revisit $ 10,000, but this time is different

Given the "euphoria" and "insanity" there was about Bitcoin the last time it reached $ 10,000, it is not surprising that it only hit $ 20,000 a few weeks later. But this time, mainstream media does not cover Bitcoin, it is not featured on magazine covers, and it is not the city as it once was.

The same price point that caused widespread FOMO has hardly been discovered by the public. However, the significance is obvious and once another bull market is breaking.

Other changes this time include increased institutional interest, big financial powerhouses entering space, and even tech giants come in to the fun. Bitcoin and crypto are now common household conditions that everyone has heard of, even though they still cannot understand their value or potential.

Related reading | Bull Market imminent? Why Investors Stacker Ethereum, XRP and Litecoin

When the public eye again catches on Bitcoin, they will again show up late for the party. But when that happens, Bitcoin will probably set another all-time high.

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