Topic: Bitcoin is following the same path of 2017 - page 3. (Read 2065 times)
In my opinion, although there are similarities with the trend, we cannot really conclude that BTC is following the same path from what happened in 2017. The insane bull run will and can never take place this 2019. The trend of every coin is unique in every year. This is due to a change in demand in supply and also users' perception and trust in the said cryptocurrency.
after users of cryptocurrency saw a very hard fall in 2018, it seems to me that many will be very nervous and not tolerant here when Bitcoin rises higher and higher. Something may provoke another Bitcoin drop and that will lead to an inevitable price drop.
Many investors that knew what happened last December 2017 might already learned their lesson well and try to avoid fomo this time if bitcoin will go for all-time high. Big bitcoin drop is possible while the price of the bitcoin is going up so most of these investors have already plans on howcto out their earning in a safe zone. But to those who are new to bitcoin investment or trading, if they don't listen to some advices, then they might also learn their lesson as well.
In 2019 now the increase that has occurred in bitcoin has seen quite large in a short time. different in that year. a lot of positive news in the last 2 months which shows that the market will increase. and at this time it has been proven that bitcoin and altcoin have experienced significant increases in a fast time.
In fact I already conclude on my own that this year is gonna be a good year. The fact that we we are seeing how bitcoin respond and recover this fast, people should not doubt its future.
We cannot assure that bitcoin will not dump anymore, but people should be smarter that time in case will happen, instead of making themselves panic, they need to see the opportunity to buy, the trend will always happen because bitcoin has a great future but it's journey towards that cannot be easy.
I think it is likely that the value of BTC will rise to $ 20k again in 2019. It's absolutely not a bubble. why? In 2017, the value of BTC suddenly increases without any good reason. But at that time, there were many people who didn't understand crypto, so they were trapped by whales.
But now, the situation has changed. The IEO was born that made the market grow very strong in the last 2 months. Besides, technology businesses Facebook and Visa, Paypal are also about to enter the market.
There is a lot of good and reasonable news for the price of BTC to increase sharply in the last 2 months. We are no longer afraid of bubbles. BTC prices will not be easily manipulated anymore.
But now, the situation has changed. The IEO was born that made the market grow very strong in the last 2 months. Besides, technology businesses Facebook and Visa, Paypal are also about to enter the market.
There is a lot of good and reasonable news for the price of BTC to increase sharply in the last 2 months. We are no longer afraid of bubbles. BTC prices will not be easily manipulated anymore.
I cant see the similarity of bitcoin price during the earlier 2017 with the path of earlier 2019. I can even say both are completely different. Would you mind to post the images of the comparison that makes you think that recent path is mimicking the 2017 path? Maybe I'm one of those who believe that bitcoin has not pattern which follows the past pattern. So I do not think that it will hit its ATH again in December this year, but of course I'm hoping for that too.
Why all of you are looking on the literal term that OP gave in this thread. He just said they are similar but not really in the graph. He wanted to emphasize that both 2017 and 2019 follows the same trend. Imagine, if they are same even in their candlestick, it is so suspicious. Buyers and sellers from 2017 and now are variants. We cannot define their exact graph but they are both directly proportionate.Right, it's impossible that the trend from 2017 and 2019 will be exactly the same because if it does look very similar then it must have been manipulated. OP is saying that both 2019 and 2019 are showing the bull trend and there's a big chance that speculations of the bull run will happen before the year ends.
in my opinion , yes it was same pattern but different buyer , time by time people more aknowledege about bitcoin and i think rightnow (2019 ) people buy it with more thinking than before
Buyers today are smarter than before I guess. A lot of them are not like buyers in 2017 that were driven by hype. They have learned their lesson already. And the reason of buying now has more solid foundation than couple of years ago.
after users of cryptocurrency saw a very hard fall in 2018, it seems to me that many will be very nervous and not tolerant here when Bitcoin rises higher and higher. Something may provoke another Bitcoin drop and that will lead to an inevitable price drop.
I cant see the similarity of bitcoin price during the earlier 2017 with the path of earlier 2019. I can even say both are completely different. Would you mind to post the images of the comparison that makes you think that recent path is mimicking the 2017 path? Maybe I'm one of those who believe that bitcoin has not pattern which follows the past pattern. So I do not think that it will hit its ATH again in December this year, but of course I'm hoping for that too.
Why all of you are looking on the literal term that OP gave in this thread. He just said they are similar but not really in the graph. He wanted to emphasize that both 2017 and 2019 follows the same trend. Imagine, if they are same even in their candlestick, it is so suspicious. Buyers and sellers from 2017 and now are variants. We cannot define their exact graph but they are both directly proportionate. 
The current bull run is much different from what we had in 2017. Back then, the worthless shitcoins went up by manifold as the noobs flocked to make investments in them. But this time, the investors are very serious and they have preferred Bitcoin over alts. And this can be seen from the fact that the BTC dominance has increased from around 50% in April to 60% as of now.
in my opinion , yes it was same pattern but different buyer , time by time people more aknowledege about bitcoin and i think rightnow (2019 ) people buy it with more thinking than before
i guess its not , people rightnow are really knowing why buying bitcoin rather than just force buying without knowing anything than profit , so its different
I think, 2019 is almost the same as last 2017. see developments from the beginning of the year to the middle of the year, the development of bitcoin continues to rise. I'm sure, this will also be a good year for bitcoin.
In the first few months of this year i was thinking 2019 won’t be a good year for the crypto market. And today BTC price is at very good stage and actually i even start to think maybe the rest of the year would be much better. I guess we’ll just wait and see
I think, 2019 is almost the same as last 2017. see developments from the beginning of the year to the middle of the year, the development of bitcoin continues to rise. I'm sure, this will also be a good year for bitcoin.
This is a high and quick price jump we are having now but that doesn't mean 2017 scenario will happen again. To 20000$ is a very long way to go and corrections are always possible. Let's wait for a while and see if current pump is going to last and become a permanent growth or just temporary hype.
Looking at the present market growth we can say again bitcoin gonna cross previous all time high prices and get stable at 30,000 dollars by this year end at present the market is very bullish
Bitcoin has been doing well for some months now and its actually following the same path as of 2017 in a way but there has been some resistance lately which bitcoin is unable to cross. I am optimistic that we may have something more magnificent than what we had in 2017.
Yes, some consideration Bitcoin are just relatively expensive now. Bitcoin has performed better than most. Regarding on following the same path as of 2017 I'm optimistic as well. But with crypto you can't bet all will go up, but eventually it will execute and it's important to ensure we're in the race.Bitcoin has been doing well for some months now and its actually following the same path as of 2017 in a way but there has been some resistance lately which bitcoin is unable to cross. I am optimistic that we may have something more magnificent than what we had in 2017.
Yes, some consideration Bitcoin are just relatively expensive now. Bitcoin has performed better than most. Regarding on following the same path as of 2017 I'm optimistic as well. But with crypto you can't bet all will go up, but eventually it will execute and it's important to ensure we're in the race.
Bitcoin has been doing well for some months now and its actually following the same path as of 2017 in a way but there has been some resistance lately which bitcoin is unable to cross. I am optimistic that we may have something more magnificent than what we had in 2017.
Could be but I don't think it is following the same path because it has not followed the same path ever since. Although there might be some resemblance to 2017 but I highly doubt it will reach to the same amount back in 2017 IMO. But it has reached to at $9k+ recently, so who knows right?
Now that MPCX partnered with IBM I can see investors using AI trading earlier...
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