Foreign media: 7 reasons to confirm that the bitcoin bull market has arrived

On May 30th, the Bitcoinist article stated that there are seven reasons to confirm that the bitcoin bull market has arrived. 1. The usage rate of BTC has steadily increased, the computing power is close to 60 EH / S, and the average block size has now exceeded 1MB, reaching 1.26MB. 2. The search index of Bitcoin on Google continues to climb, if Tom Lee is right, once BTC price reached 10,000 US dollars, FOMO (worried to miss) will come; 3. Institutional investors are preparing for bitcoin bull market, grayscale bought 11,000 BTC last month, accounting for 21% of new BTC per month 4. According to Diar's analysis, the accumulated number of BTCs in Bitcoin wallets has steadily increased over the past 12 months, and the number of wallets with 1,000 to 10,000 BTCs has increased by 7%; 5. Institutional trading volume hit a new high, yesterday in Korea Bitcoin trading volume at LocalBitcoins hit a new high of over 218 million won ($183 million); 6. More institutions are adopting bitcoin, and bitcoin is moving toward the public; 7. BTC prices have risen sharply in the near term.