During the bull run of 2017, Bitcoin’s price jumped from $8,000 to over $10,000 in 11 short days. The momentum continued to accelerate, with the coin only taking 8 days to jump from $16,000 to $18,000. Seeing how Bitcoin currently hovers around the $8,000 mark, many believe its value could catapult to 2017 highs in much the same way.
In November 2017, Bitcoin had a speculator jump from $7,800 to almost $20,000 a month later. Now, traders and enthusiasts are scrambling to predict when the next bull run will happen.