Bitcoin is leading the pack

Supply side:

• 26% are collected on whales accounts (1K+);
• 30% of Bitcoins didn't move for 3+ years (lost or serious HODL);
• amount of liquid Bitcoin is 2.5 times less today than in 2017;

Demand side:

• LocalBitcoins show parabollic increase in activity in multiple countries, including India and China;
• institutional investors are moving in;
• approval of ETF backed by real Bitcoin;

Manipulation:

• since retail investors are still on sidelines (Google trends for Bitcoin keyword is flat), there is no reason to dump ther market (no weak hands).
  Bottom line: Bull run