Topic: Will 2017/2018 Bullrun repeat in 2021? - page 3. (Read 815 times)

It is hard to come to a certain conclusion that the price will solidify well above $10k for the rest of your life, it is a market and anything can happen and it all depends upon how long the investors are holding on to their coins. We have seen reports about millions being invested with every minor correction and we have no idea when they will be liquidating those assets.

That is completely truee
Everybody know and feels that the bitcoin price must be at least at $100k after the last halving  which it is a little bit pending because of the pandemic and whole market crash.
The time to recover has begun and the momentum to go up have been built.
Let's see and fill your wallet with bitcoin now before it is too late, seriously.

Your position here is looking like what it could be. The expectations of bull has long been on after the halving but the economic situation has not allow real buying and trading to start happening and as some have bought too to move with the bull trend. The dumping can be possible as soon as hodlers don't get the bull in their own expected timing.

I think 2022 is more likely for the parabolic run. Seems to me we are still too far away from the previous peak and the economy is in too bad shape to have the major bull phase run its course in just over a year from now.

2021 I'm expecting a continued gradual build up of support to $20k, with retail investors who got out in 2018 or new ones who wrote Bitcoin off finally starting to realize Bitcoin isn't just gonna disappear, so they'll jump back in. Also I think it'll take more time before more institutional investors jump in to the point where we can get parabolic run. A year or so of continued build up followed by a year of boom from $20k to ~$100k sounds about right to me. I wouldn't complain about high 5 digit prices in 2021 but I figure it'll take more time to get the market ready for another epic bull run.

Another possibility I could see is a couple smaller runs over the next maybe 3 years. I feel like institutional investors would jump out early, happy taking a few hundred percent rather than the going-up-forever euphoria of retail investors. So I could see a shorter run sooner, like say $30k+ by early 2022, then a drop back to the teens by late 2022 as institutions take profit causing a drop, in turn causing retail investors to flee, and then institutional investors buy back in holding the support up at say like 50% drop, then say in 2023 it builds back up to $30k+ and retail investors jump back in and the thing flies to $100k at that point by late 2023 or early 2024. who knows! Personally I'm just waiting for my $60k - $80k target to cash out and then buy back in on a crash.

There are many predictions of the price in this industry and uncertainty if the bull run will repeat by the year 2021. Just like this time price reach above $12k and no one can tell if this is just a bull trap or it will continue to increase. But, the movement today of bitcoin is pleasing to the eyes of the users and holders. So, indeed hard to guess when but there is the possibility and let’s observe the market when it will heading.

Yes of course, a small typo

What I've seen is data for the last 7 days - and if you look today (same as yesterday) only 4 coins are in green, and most of all the one that is directly related to DeFi (which means there are a lot of naive people who believe they will profit from it). The fact is that people like to play with altcoins, but it’s also the fact that most fall into the trap when they think their price follows Bitcoin - that’s how it was in the past, but now the money is going in a different direction.

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It is too early to say what this is about, as I have already written, we already had a similar situation a few months ago. What we can expect is that the effects of the past halving will slowly begin to be felt, because demand exists from institutional investors, and according to the law of supply and demand, this will push the price upwards. If the situation from 2016 is repeated, when BTC achieved about 100% growth from halving by the end of the year - then by the end of this year we could expect about $14 000 for one BTC.

There will be a dump one of these days because it is normal that a pump will also bring a dump as a correction afterward. But to say that the dump will drag the price down to four-digit is hard to imagine. I don't agree with it. The price right now has already surpassed $12,200. This is a signal that Bitcoin might even knock on $14,000 soon. So in case of a correction, that would only put Bitcoin's price to around $11,500. That is still a five-digit price.

Anyway, there is no bearish movement right now. The bulls have taken over.

Yes, if we look at the experience from the past halving that happened to bitcoin, that the increase in bitcoin price will occur in the following year after the halving. this year is the third halving and if it is true according to the halving then there will be a bigger increase from 2017 next year. but what month? It's hard to guess because last month fell in November and December, whether it will also be that month or sooner.

Anything is possible around this space, the point here is to do your own research and anticipate on your own, it's not that you just followed anyone's predictions.

If you want to stay positive and you want to be compensated make sure to deal with deeper research and learn how to read each patterns to avoid making mistakes that will affects your investment.

Good to see that the current market is really moving favorable to the holders,
just need to work more on how to exit out and rebuy after.

Every argument has two sides to it. Those who predict a bull run claim that it is due in the next 1-2 years. They claim that the current prices are lower than the fair valuation, and a spike was due after the block reward halving. But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

history has been repeating itself already!
you shouldn't just look at the end of the bull run and only call that "repetition". but you should look at the entire transition from the bubble (the one before last at $1200 back in 2013) to the bear market then the prolonged bear trend and a longer accumulation in 2014 and 2015 respectively and finally the start of the slow rise in 2015 and start of 2016 that led to that final fast and big bull market of 2017.

so far everything from 2013 to 2016 has been repeating very similarly from 2017 to 2020 even the time-frame (3 years) is the same!

I was to question the title of the thread and I guess excluding 2018 there because we really never taste bull run during that year. From $10.1k on Jan 2018 it goes all the way down to $3.6k on Dec 2018, just my two cents.

Well, that's still speculation it maybe done this year as it hasn't last yet but if this year isn't the bull market then we could expect it will be the next one. All of this is pure speculation but I believe it will happen again breaking the previous ATH. Right now, if we could break the past resistance and make it a new support for the next week/s or month/s then it may safe to assume we could even break ATH this year.

Better brace yourself and don't be late on the FOMO. Unless we break the famous dickish prediction of McAfee of $1M/btc, that for sure will be the most dramatic scenario you/we could ever get. Sad to say the greatest FOMO artist in the crypto space has been indicted and now facing charges.

If it maintains above 10k for few more weeks then there are possibilities of a bullrun it is very possible that a bull rally is close on the way, if we break down I think 9k is a very good buy in the dip.

Indeed things are looking good so far also I believe the US elections could play a major role before the election results, as the survey of the winner look like seasaw game anytime changing if we have a clear winner then I don't think there may not be any impact, let's see how it goes until then Hold, Hold, Hold..

Many people predicted that history would repeat itself, and perhaps, we will see a new ATH in the next bull run. We always hope that when the bull run comes, the price can start the rally and jump to the new highest price.

That is good if you have many good coins in your portfolio, but that will not guarantee if your coins will get the time to increase when the bull run comes. It is still difficult to know which coin will increase later because every coin will have the same opportunity to start the rally. We can only prepare by buying the coin that we predict it has a chance to increase, so we need to analyze more to find that coin.

I am very excited to see the outcome if history will repeat itself, I was still a newbie on the last all time high and has no decent portfolio back then, I gained experienced now and holding a lot of good coins in my portfolio and this next bull run will give a dramatic change in my life not to mention I am in a campaign where I'm getting Bitcoin payout, I'm sure many of us here are as excited as I am.

Actually we are trying to break that resistance level again and its good that Bitcoin was able to rise again despite of many negative news this year. I'm also a believer of "History repeat Itself" tagged line and I know bitcoin can make it in time, maybe on the last quarter of 2021. We heard so much good prediction with bitcoin, the market is reacting good with that and as of posting we are back now to the level of $12k and I hope to finally sustain this level until the end of the year.

I think we're almost there, Bitcoin broke the $12k price months ago and I think it is possible to increase beyond that price next year or expect a bull run within this year.  There plenty of speculation regarding the price of Bitcoin and the most anticipated is to have a bull market next year and supposedly this year is in a bull market right after the Bitcoin halving but it seems the market is not yet ready.

Anyway, according to the Tytan Twitter tweet, Bitcoin price will repeat itself and it will double the price like what happened in the year 2017.
https://twitter.com/Tytaninc/status/1315492868509761538

This could be an indication of a bull run or trap and what I can now is that nothing is certain despite the cryptocurrency market posing a good strength for the bull run market if we concern about the factors that might impact the bull trap of the market which are the economic status and conflict happening lately in some countries around the world which could lead to FUD.

And that's always been the case, no disrespect to altcoin holders out there, bitcoin was steady around $10k++ for what more than 60 days and altcoins are pumping that time. Now the tide has change, altcoins are being dump, investors going back to safe haven - bitcoin. That's always been the pattern so altcoins holders shouldn't forget that.

Yes, altcoin will have its bull run, but it will coincides with bitcoin's bull run no matter what. It can't sustain the run by its own without bitcoin's investors. And thanks to Defi hype, which much burst in the next coming months, and after that investors moving to bitcoin again to fuel the next bull run.

It's not so much about market cap, but spot market liquidity. Basically, the Bitcoin market is already quite illiquid. During bubble times like 2013 and 2017, exchange supply dries up even further as investors HODL and refuse to sell their coins.

People often think bubbles are all about FOMO (which we can think of as demand), but they are just as much (probably more) about investors refusing to sell. When there is absolutely no supply on the market, that's when FOMO buyers can push prices to the moon. And that's why indeed, it won't take a lot money to take BTC to a new ATH.