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BTC Bull Run Volume | Where There is a Will, There is a Way

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The thing I’m curious about is what will the btc bull run volume be this time? With the entire world in crisis, and so many countries struggling with unemployment due to the governments lockdowns, will the average person have much extra money to get on board?

How will any more government stimulus checks, unemployment, ppp loans impact available cash in the US? Some may consider this extra income, while some will not bring in near as much as they made when working?

I suppose when you consider the price increase caused by reduction in production of new btc, it doesn’t matter to an extent. We should see a new all time high regardless. But, I do wonder if the volume is not near as high as we witnessed in 2017, it could impact bitcoin’s ability to reach anywhere near the extreme highs of $250k - $387k. Surely even with lower volume it would still push $100k.

Let’s say for arguments sake, volume is low, people are distracted, and while the news cycle promotes fomo, that there are just too many people with zero capital compared to prior halving bull runs. If we only hit a $50k high, would we still see the era of higher highs, and higher lows? How would that effect the psyche of bitcoin as a whole? Even if it landed higher than the previous $20k, it wouldn’t feel like such a leap that we are used to.

Funny how the world is falling apart right before a btc halving, on an election year, and cash and income have been devastated due to government policy.

Nonetheless, while these are things I think about, I also still have the same feeling I had years ago. Now more than ever, bitcoin is more important than at any point in its history. It’s been resilient, and I suspect like in the past, where there is a will, there is a way.