The renowned cryptocurrency influencer, David Gokhshtein, recently raised the expectations of his massive followers when he announced the return of the bull run in the cryptocurrency market. Such speculation was followed up by a series of reactions from his followers, with some confirming his prior tweets of the subject. With the start of 2021, Bitcoin price opened at $16,530 and surged to levels which had been predicted to be resistant. However, the pullback and upswing that followed gave light to a second bull run, resulting in a 72.2% gain since the commencement of the year. These events have left investors and followers in a state of high anticipation and enthusiasm.

The rising price of Bitcoin has been accredited to numerous causes, one such being that of the global macroeconomic factors. Concerning the crypto market, skeptics deem the vast fluctuations as a warning sign while optimists are adamant that the market will reach new highs with minimal impact from the financial crisis. As of late, the disappointing performance of mainstream banks has left investors in search of alternative opportunities in cryptocurrency trading. This has also acted as a source for optimism as it has spurred a renewed interest in digital assets.

It has been argued that the instability of the crypto market will act as a deterrence for would-be investors. However, investors have the opportunity to rely upon the knowledge and expertise of popular crypto influencers like Gokhshtein. His impact on the crypto market cannot be overlooked as his tweets have proven to be reliable in forecasting the market trends. While it still remains unclear as to whether the bull run will reach new heights as predicted, investors should be mindful of potential risks associated with the bull run and manage their investments responsibly.



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