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In the following I will be clarifying the most probable reason for Bitcoin to breakout by explaining Satoshi Nakamotos vision.
We already know that a bullrun as we have seen in December 2017 does not happen for no reason. There are indicators you should follow as there are also indicators you shouldnt pay too much attention to. - The Nasdaq Composite Index for example rises and rises, Bitcoin and its following Altcoins have never followed the extraordinary tech market bullrun. The crypto territory needs to find its own place and it actually did.
If you want to compare it, then you have to compare it with the actual situation in the banking sector and government because they have the biggest impact on the price of Bitcoin as they set the sentimentals. They mostly win, but they only need one loss to lose control.
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The thing that makes Bitcoin what it is is the independency. A Bitcoin can´t be taken away. A bank makes you dependent, they have control over your money and decide whether the transaction gets approved or not.
In addition to that the government can restrict a currency in the country.
Satoshi Nakamoto invented Bitcoin for a predicted purpose in the interests of private households. Keep this in mind guys.
Every Bullrun we have seen in the past is just a waterdrop. As soon as we have enough waterdrops collected, we can start spreading independency in private homes.
The rain of freedom will occur when faith in the current Banking system breaks. People say Banks are
It wouldnt surprise me to see it fail as we can already predict a crisis every single decade. This shows and proves already that our system, as it is right now, makes the same mistakes over and over again.
The only difference between the next huge financial crisis and the previous one is that the average person already knows about Bitcoin because of the media hype in 2017. - We are perfectly set to fly.
Before Bitcoin there was no alternative to fiat. You just cant make online purchases with gold :D
The moral of this story: People will think about Bitcoin when they try to take their money out from their bank but they can´t because the Bank has lost all of its money.
If you agree to me, leave a upvote and feel free to comment your thoughts on this. If you don´t, I´m willing to learn from you :)
Disclaimer: This is just my personal perspective related to the next financial crisis.
There are many other scenarios that could happen and many other aspects to pay attention to.
This is pure speculation.