What Bitcoin Bubble?: Why this rally isn’t like the 2017 rally

Bitcoin’s 2019 rally, which kicked off in March, has gained traction over the last few weeks. As of Wednesday at 6 p.m. eastern, the price had surged more than 9 percent over the previous 24 hours...which naturaly makes a person wonder if

bitcoin will repeat the meteoric 1,400-percent gain it made in 2017.

To begin with nobody knows nothin’ but you have to understand how much the crypto universe evolved and improved since the last crash, explains Campbell Harvey, a finance professor at Duke and student of crypto world..

Now, in spite of the recent dive there are more substantive explanations for why the outlook for bitcoin and cryptos seems to be getting better, Harvey says, citing three primary factors. a.) institutional adoption from the most powerful companies in the world, b.) not only Facebook, c.) but also banking giant JP Morgan, who introduced its JPMcoin.