Topic: Will 2017/2018 Bullrun repeat in 2021? (Read 815 times)

Bull run for altcoins ended in October! So I don't think we will see it again soon... As for the bitcoin, first it has to fall down so we can see the bull run, because now the price is on high!

That year was something else, it could technically happen of course but I doubt we will ever see a 2 month period that is ever similar to that in our lives in bitcoin.

Sure there could be some sort of situation where altcoins could go up that much, but we are talking about a minimum of 20x increase in bitcoin in a 2-3 month period and that means today price is let's say 13k that would make it 260k by the time new year comes, do you think that could ever be similar?

It would be impossible in my mind, sure technically possible but there is no way in hell people would buy all the way up to 260k per bitcoin. This is why 2021 will be decent and good, I still invest into bitcoin, I believe the future is crypto, yet even I do not think that the bull run could ever be similar to 2017 ever again.

I dont expect that we will see an altcoin bull run like 2017 anymore. It was just a overhype. And finished. Bitcoin is now stronger and crypto market is not as independent as before.

Maybe bitcoin is now in a better state and also for altcoins than when it fell in 2018.
For some people who don't sell their assets, this is a good thing. Many opinions in 2021 are when the bull run comes.
So let's just take advantage of this positive situation by looking at prices that are getting better lately.
It would be nice if this situation continued.

The 2017 bull run setup early in the year but was subject to sharp pull backs during that year.  I dont think its comparable because we are still within that range and encountering volume from 2019 also, so ironically being at the same price is different as initially there was no price history here so it was easier to move through.    We are elevated at present in a higher range and even with dollar rising the BTC price is continuing to maintain the higher pricing.

Much preferable if the said growth that we would take is gaining from organic adoption which do result into somewhat stabilized price which cant really be dumped down to easily
just like on what we had saw in the past where price did crash from 20k to 3k.It might sounds impossible due to possible manipulation yet there are lots of whales which are capable
on doing things but since the adoption is much more higher compared back into those previous couple of years then i do presume out that this price might be holding up
even stronger where we might not able to see those low level numbers again but nothing is assured as we say yet market had been always unpredictable.It can crash with a snap
and on the question about on that previous bull run would happen on 2021?no one knows neither yes or no.

This is also one of the some factors, ofcourse big company that join with bitcoin and another crypto will be huge boost for the bull run. i think we can expect more longer bull trend from 2021 than from 2017

People are much anticipated on the bullrun but I guess it's the effect of American presidential election, I am sure if Trump lose it will have a effect on crypto prices. BTC and top Alts will definitely drop, I don't think this bullish trend will continue if we have a look on the past 24 hours there was fluctuations in BTC price and momentum was down which is not a good sign for positive trend.

As of now the market now is increasing and as of now we are experiencing bull run I do not know the definition of bullish for others but for me it's already happening.

In the 2021 more coins will rise and I think it will become better that year compared to the year 2017 so will have a new record of New ATH but this year I will see a good value and high chance to go back the value like in 2017 price of the cryptocurrency.

Yes, im optimistic and positive that the 2017 - 2018 bullrun will repeat itself nexf year because more and more big companies will enter into cryptocurrency just what like paypal did.

The key in here in order to reach what we gonna think is to give support. Thinking about history repeat itself has nowhere a chance to happen especially in this kind of market where everything is unpredictable. The up and down scheme had to keep happening but definitely, this is not the thing we meant for.

Anyway, it is not important if we gonna be bullish or not, the only thing we ask for is to sustain the current position that we have now. We are looking for a possible huge increase in this last quarter despite COVID-19. We have this adoption, the massive growth of crypto users, this helps in the preparation for the next year and may that ATH has to arrive.

Nothing will repeat anything, life is not like a cycle, it is like a bunch of different squabble lines that sometimes just cross paths and that's about it, it is not always like history it is just resembling you that same history whenever something similar happens but it is not the same, that good chestnut smell from that Christmas you remember always comes to mind when you smell chestnut but in reality you are buying it from street vendor, that is the resembling and same "repeat" we are talking about here as well.

All in all sure it could go up, it could have a hype, it could be $20k or even $30k, but just because 2017 had a big increase and just because 2021 has one, it won't mean that they are the same thing, it wouldn't even be remotely similar, it is only both of them going up and that's it, this doesn't make them repeats.

Did you just say things are inconsistent and expected something to happen due to a "pattern" at the same time?
Things are just naturally happening in an unexpected manner in this industry, more likely due to the nature of volatility. Going back with the 'basis', what happened in the year 2017 is completely unexpected, especially when the price of Bitcoin reached its ATH. The market value in a sudden, fell without any signs. There are even predictions wherein the market value will increase more on the following year. After that, the market value of it becme stable at many price points coined to be "resistance" of the market price, but nothing seems to change; price will increase in a sudden and fall eventually, staying at a price point. So maybe, let us all just be patient and wait for things to happen on its own.

This is why we have a better chance to have an organic uptrend because bitcoin is taking time to become more stable. 2017 pump was amazing and because of that many expected bitcoin to do better easily without thinking on how to create demands. History will always repeat itself but the time for that is still unknown. Maybe it will happen unexpectedly just like the 2017 pump.

Do you remember the April 2013 and November 2013 bull runs, and how there were only a few months in between the two? I think that experience left a lot of people believing the 2018 triangle could have been a short term bullish consolidation before another parabolic leg up. I was even leaning that way until the bottom of the triangle fell out in November. At that point it became clear the market needed a much bigger bubble pop.

We don't know what could happen further with bitcoin. As per the information quoted on different articles what the cryptocurrency community experienced during the year 2017-2018 is unexpected and it is like a bubble. Further after dropping low once again it started to grow gradually. This growth has been taking place in a stabilized manner, and the same serves as a reason for big expectation by 2021.

It's very possible, there have been spikes in so many different things lately - rich people are pulling their money out of low (or negative) interest rate bank accounts and governments are forcing them to spend it elsewhere. They stuck it in Tesla, Gold, Zoom and all sorts of different places - Bitcoin could very well see another spike in activity because it presents a different type of asset class and any investment manager should tell them that it's good to spread your risk in these volatile times.

I don't think anyone serious was really saying all that. Sure there are always media articles whenever Bitcoin surges that say its about to go crazy, but anyone with experience in the crypto market knew not to expect the major end part of the bull run in 2019 or 2020.

Going by the four year cycle, the bitcoin parabolic end to the bull run was always expected in 2021, but now I think it is pretty clear 2022 is much more likely, between the Covid crash and general economic disaster (which helps bitcoin long term but obviously hurt is short term in this market cycle), it's also possible the market cycles are slowing down beyond 4 years but because of Covid crash affecting things we can't really say that for sure this cycle. Then again, with institutional money making up more and more of the market, if they are the kind of forces that will get out early before bitcoin goes super parabolic, to ensure they don't lose money on the other side of a crash, thus capping bull runs shorter and lower, that could create shorter less volatile booms and busts so maybe the entire cycle structure will change a bit in the future to be shorter and smaller, no way to know yet.

For sure $20k isn't gonna like happen super soon, like its very unlikely to happen in the next few months, but by mid next year, 6+ months from now, it is quite likely Bitcoin is back up to somewhere around the ATH, if not having actually broken the ATH yet.

In 2018 it was said that the bull run will happen in 2019... In 2019 it was said that the bull run will happen in 2020... This year, it say that it will happen next year!
Of course sometimes there is a local bull run, but it seems too early to talk about 20k, as I think!

Yeah I don't expect major bull run right around the corner. People seem to expect it in 2021 and I definitely don't think that'll be the case. I think 2022 is likely though. Could also be a slower segmented bull run that takes like 2022 and 2023 as opposed to an all in one huge shot upwards. But I definitely don't think $20k is like about to happen and a parabolic run real soon after.