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RE: I wouldn't be surprised if Bitcoin enters its next parabolic phase starting now
I too like the uptrend, but would not mind the bargain prices we would get with a few quick drops back to earlier support.
Awareness will come quicker this time, I think. So that discovery of the bull might be quite a bit shorter this go round, taking months instead of a year. Something that is dawning on some is how very very rare Bitcoin is and how very few people will be able to own a whole one, once we return over 10,000. More rare then diamonds and, I believe, will be priced many times more then gold.
Yep, that is a good point about awareness. Also the ease at which investors will be able to participate will be much greater this time around. Never before have more exchanges existed where people can buy cryptocurrency. That will be significant during the next mania phase.
And with more exchanges accepting USD as payment and with the ability to trade back out for USD...that was a problem to be solved 14 months ago...the assertion of "but I can't pay my rent with Bitcoin" will be nearly a moot point. All adds up to a broader acceptance of cryptos this cycle.
Yep I agree. Still need some clarity in regards to regulations, but this next bull cycle could be the big one.