More bullish predictions are coming in for Bitcoin, as the asset continues to rise impressively. Now, Gemini crypto exchange co-founder, Cameron Winklevoss, has suggested that Bitcoin is quite ready for the next bull run. According to him, the next bull run will differ because Bitcoin has improved from its 2017 structure.
In a recent tweet, Winklevoss said that the improvement, as well as problems with inflation, will do very well for Bitcoin. According to the tweet:
“The next Bitcoin bull run will be dramatically different. Today, there’s exponentially more capital, human capital, infrastructure, and high-quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!”
Back in 2017, Bitcoin hit its current all-time high of $20,000. However, at the time, Bitcoin still struggled with popularity and regulation. There wasn’t a lot of regulatory interest in Bitcoin or even crypto in general. In addition, many corporate investors were largely unwilling to get into the sector.
Today, the Bitcoin landscape is completely different. Firstly, regulators are looking into the sector, and are willing to properly regulate. Secondly, and especially because of the regulation, corporate investors are starting to pump some money into the sector. These differences in the crypto atmosphere might make it a lot easier for Bitcoin to perform impressively during the next bull run.
Image Credits: Pixabay
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