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Topic: Will 2017/2018 Bullrun repeat in 2021? - page 5. (Read 815 times)

legendary
Activity: 2730
Merit: 1288
October 19, 2020, 02:35:46 PM
#8
Will 2017/2018 Bullrun repeat in 2021?

Most likely it will happen in 2022 and not in 2021. Some are even predicting 2023. I would say it mainly depends on next half year. How we will survive second covid wave and if there will be 3rd at all.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
October 19, 2020, 11:37:42 AM
#7
No single factor influences a bull run and as such it is pretty difficult to predict when we would enter into it. There has been lots of bullish signals, such as development of the technology, institutional money coming into Bitcoin, public companies adopting Bitcoin as a reserve currency etc, the price however has not reacted to this much (or as much as most expect), we may be up from the value earlier this year, but  remained relatively stable for a while now above $10k barring regular changes within the +/-5% range.

Imo, the current green movement is not out of the current normal, I'll get more excited if it breaks the $12k support and possibly builds a new resistance above $10k.
member
Activity: 952
Merit: 27
October 19, 2020, 11:24:48 AM
#6
Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?

So far the past halving did not failed us, I expect this last one will not fail us, I am hoping there will be no changes in history and we will be in another all time high next year, I love the tradition to continue, so far all the indications are here that we will have another one, the big sign that we should be positive is the market is still positive in the middle of the pandemic.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
October 19, 2020, 09:46:31 AM
#5
In this speculation it cannot be ascertained whether a bullrun will occur in the future, even though it is already strong at $ 10,000, I still am not sure that in the current conditions there will be a high rise, of course the whales will control the market with unreasonable prices, meaning when it reaches a high price level. discarded and returned to 10k now that is also based on the fact before when bitcoin reached $ 14000

So I expect that to happen but we can only know in what time 2021 is right with the bullrun in 2017.
sr. member
Activity: 2380
Merit: 366
October 19, 2020, 08:44:25 AM
#4
Some are saying the end of 2021 is a much much better time for those who persevered. They're may be right but we cannot tell for sure. But if we look at the circumstances surrounding Bitcoin, they're much more positive than ever. So it may indeed suggest what others are saying.

The fiat situation in the whole of 2020 is really really bad thanks to the pandemic and all and that could also be a cause for Bitcoin adoption to rise above what was initially foreseen. I am not saying yes to the question of course. But it is more possible than not.
hero member
Activity: 2660
Merit: 551
October 19, 2020, 08:35:40 AM
#3
Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?

Did you mean late 2016 to 2017 bull run? For comparison, we are still in the late 2016, and then when we enter 2021 that should be 2017's bull run, and as others have said, maybe history repeating itself again. Although the potential bull run in 2021 might be different though. Now we have institutional money, and then Grayscale and MicroStrategy and maybe other companies in the next coming funds fuelling the market to a bull run that we have never seen before.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
October 19, 2020, 06:07:21 AM
#2
Could be either of those two...

We've got a year plus until bitcoin could see another peak if we're basing stuff off the past. We could be on a mini run due to institutions investing now too which could top out anywhere above here (I feel 12.5k at least should be reached before we drop but I'm very unsure on that... We could just stop at 11.8 or whatever we managed to reach before)..
sr. member
Activity: 1638
Merit: 261
October 19, 2020, 06:00:45 AM
#1
Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?
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