The next bull run comes from all these billionaires adopting Bitcoin realizing that Bitcoin is not a risk-on asset as they previously believed, but a sure thing that consistently increases exponentially in value every halving cycle. A 4-year investment is a very short time to wait for people this patient.
The market cap of Bitcoin is a drop in the bucket right now compared compared to legacy finance.
Any big player that wants to jump in will make a huge splash, no matter how crappy the rest of the economy is doing.
When people realize that USD and fiat can collapse, Bitcoin becomes much more attractive.
Even a banking collapse could spark a bull run.
There's a reason this message was imbedded into the first block:
Again, we are already in the bull market.
The only way we aren't is if we make a new low below $17500.
From what I'm seeing... I doubt it.