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Other analysts expect the bull run to return

Although it may be easy to cast aside the above data as pure coincidence, other prominent analysts expect Bitcoin to resume its bull run to fresh all-time highs, above $20,000, in 2020.

According to Willy Woo, partner at cryptocurrency fund Adaptive Capital and a noted on-chain analyst, his indicators which track investor activity  correlated closely with market cycles are showing clear signs that Bitcoin is decisively not in a bear market.

We are in the re-accumulation phase of a bull market.