Reasons For Bitcoin Bull Run
1. Growing Interests By Large Players
2. COVID19 Pandemic and Weakening Global Economy

Future Price Predictions of Bitcoin
My conservative target for BTC/USD is at $25k by the end of the first half of 2021 if the current status quo persists. From that point, things get extremely unpredictable.
Bitcoin's price movements are something that will likely occur for the next 12-18 months. There is a lot of uncertainty on what is going on in the economic space, therefore as uncertainty increases, Bitcoin will seem as a solution that will help us stabilize the way we use money as banks will go bankrupt. I believe that Bitcoin has a lot more to offer and we could see another rise to its highest peak that happened 2 years ago at $20,000. It' something to keep in mind and possibly invest in whilst prices fluctuate.
I would hold bitcoin for the next few months. The price could rise to 25,000 USD in 2021. But I would sell if the price reaches 30,000 USD. Predicting the price of bitcoin is a dicey game! Just after I responded the first time, bitcoin did a dive. The US treasury secretary said some new regulations might be implemented during this lame duck government. Bitcoin price is clawing its way back towards $18,000 Don't try to predict short term fluctuations. Long term it will go up because of its design to make fewer new coins each time, the reward halves. But short term the whales manipulate it. Like the recent plunge. To shake up the newbies.
Pramod Dhakal is a Tech entrepreneur at heart, a natural leader and Agile practitioner. He has spent over a decade in implementing various large scale transformation initiatives in large multinational organizations. He is an author and contributor at Hitechies largely in the technology space.