Bitcoin Forum

The bitcoin behavior this year is mimicking 2017.
Has anyone seen what I have been seeing? I think the bitcoin is following the same path of 2017 with a slight difference.
If bitcoin gets to the new ATH in December, who's buying the LAMBO with me? ;D Compare April-May 2017 to now and see what I'm talking about!

https://i.imgur.com/icD6hDK.png

I don't think the level of hype is similar to 2017. In 2017, many people from the outside of the crypto community bought cryptocurrency for the first time in their life. This kind of hype needs more energy to build momentum.
But if BTC could reach another ATH, of course, I have nothing to complain :)

I am not sure there are similarities in 2017. Many experts predict the movement of bitcoin in 2019 will be the same as 2015. so I think bitcoin will fall back and recover soon in 6 months later

Bitcoin is moving well and has increased so much that it thinks it will run the same as in 2017. Everyone's observation is different, but all this is seen from the demand in the market as well. Indeed, the movements in the past few days are quite good and provide positive thinking for the future.

More like the 2014-2015 graph, see lots of them posted in twitter and here in the community, so its hard not to compare them. But we also have this saying, 'past performance is not an indication of its future success'. I guess only time can tell. And if we believed on those predictions then this is still a golden opportunity to enter and buy cheap coins and hold in the next 1-2 years.

I don't know--based on that graph, I don't see what OP is seeing.  Nor am I (yet) feeling the insane vibe on the forum that I did back in 2017.  People were absolutely euphoric about bitcoin, and there were people selling houses and maxing out their credit cards to buy bitcoin.  That was truly a crazy time. 

We certainly could get another raging bitcoin bull market, and I think we will, but there's nothing to suggest that it's going to happen this year.  Yes, we've seen a very nice rise in price in the past week or so, but that's just short-term market movement.  Give it a few months and we'll have a better view of whether we're in a new bull market or not.  It's just way too soon to tell.

Will be the same thing happen with bitcoin in 2017 and always will be on higher price every four years, last higher price of bitcoin is 2017 and I think on 2021 or 2020 bitcoin will be more higher price than 2017.

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.

Currently Jalus Crypto has a good increase, but it doesn't seem to be the same as 2017, this process is still ongoing and bitcoin is still on a simple level, not a surprise. Stay alert with the moment that will happen because I think bitcoin is being pumped up and needs a lot of support back.

I can't see any similarities from the past event in your graph. How can you say its mimicking when the market back then was different compared to now. Investor back in 2017 was not used to crypto that's why they decided to invest and after the correction in 2018, I doubt that we will see those investors again.

No, I do not see such a trend. This year, Bitcoin will not grow as fast as it did at the end of 2017. Now investors are different. Still remember what led to investing in Bitcoin after it rose to high prices. Many simply lost their money. Therefore, while investors will be careful, this time the market will rise slowly.
However, the price of cryptocurrency is also greatly influenced by various news factors and events. Therefore, the cryptocurrency market is still able to give us surprises.

We cant say the price movement even it was looking like what happen on 2017, crypto price is very unpredictable so we should not base on what we can see right now to predict the future, it already happens many times but in the end the price drops.

I'm not sure, but there are possibilities for the growth to happen on the similar pattern. Slight variations could take the price move higher or lower at the end. If the 2017 market gets repeated I was gonna buy a car and might hire a Lambo  ;D. Possibly if the ongoing level of growth continues through the year can expect the price reach at least $10k.

Not exactly;
It was from 930$ to be honest and suddenly it was 20000$ 😂
It wasn't like this are all ; also the price took just like one month to tripple and the thing is this one ; this is a pretty slow thing and is carefully climbing the ladder ; it's sustainable and slow that one was sudden and boom * it was gone and we never saw the same price again
To be honest what I think is maybe only maybe it will climb this higher and it will take time for that not something that will happen overnight
2017 was too sudden to be compared to what is happening right now and to be honest it was too sudden and too good to be true I don't think we will see anything like that again.

I think there's still a difference but if that's so, then it's a good sign for us holders and investors. However, we couldn't rely or trust on the sudden hype because the prices have been tricky and volatile these days. Let's just wait for the right time where we could have an assurance of bitcoin price.

Not a bad speculation but you should have stated what is the reason why you see the Bitcoin's market today has a similarity with the Bitcoin 2017 era. If you will fully analyze, today's market is more of a 2014-2015 era. Honestly, I will not be able to speculate this since the Bitcoin is a volatile market and really is unpredictable. I think the best thing that we need to do today is to wait and stay hodl, end of the story.

Its chart is only quite similar to 2017. if the price of BTC continues to rise to $ 5800 and there is no sign of remission. I will definitely invest all the savings I have. $ 2000 will be allocated to EOS, ICX, BQQQ and ETH. I believe the bear market will return soon.

No it wont!

Not an assured thing but the hype last 2017 wont happen on this year or on to further years to come.Bitcoins price will gradually make increase and decrease
into these upcoming years.Hard pump and dump wont most likely to happen but who knows if we would experience that ATH once again.

This was the chart for 2017

https://i.imgur.com/dmwESn1.png

And this is the chart for Q1 2019

https://i.imgur.com/lxj5UcH.png

I'm not sure about the comparison that OP is saying. I'm very confused on how did he managed to compare two charts which has different pattern.

Well not sure which path you're talk about since in December bitcoin fall down and the market was start showing negative impact. All we can do is wait and let the thing happen and let the thing go. Bitcoin can be increase if the demand increase. Just pray for its demand the price will increase again

I was talking of the April-May 2017, not the October-November 2017.
I mean the current season of 2017 - don't you sense the momentum started building up for the media once again?
It's 2019 now, and I see nothing but another 2017 coming over us. Started thinking maybe we would see another bitcoin ATH in this year :-*

Yes I also think like that if it was been like the same thing that happened in 2017 it will be accused development in this time so my opinion is it can be a huge. in the end of this year and Bitcoin is also possible to double the value in the 2017

Can't say yes, can't say no but perhaps it is, though no one really knows what would happen in the future. I won't get my hopes high yet since it is not yet certain if it is really the starting of a bullish market. Some say it is just a bull trap that might back down in days right now, we have seen the bull trap before and i hope it won't occur this time bringing $5k back to $4k.

yes I surely say it will be like the same in 2017 because there is lots of similarities between the 2017 and 2018 if it was literally happened in this year there will be multiple times development will happen to the big time more than 2017 development.

I'm surprised by the strong volume in the recent bull run.

I think big banks are getting prepared for the new market crash hedging their bets in Bitcoin (the new gold?). Things are far too similar to 2008 again and it's been 11 years. Banks are likely preparing for Bitcoin to become reserve currency.

Remember there were crashes in 1998, 2008 and none yet since 2018.

The Fed keeps printing debt, Europe and Japan central banks print money every time the markets drop, China is printing hundreds of billions of Yuan every time the markets dip...this system can't sustain itself much longer. At the end of  2019 the world will be in U$ 300 trillion in debt. This money will never, ever, see the light of day and get paid. It's nonexistent money.

Maybe you are right, but in 2017 i remember i joined a lot of bounties, and most coins i got from i could sell for at least 200$ once reach exchange and this happen very fast, maybe bitcoin will follow same path but this year is not the same as 2017 for all crypto coins.

The crypto market never stays stable, so we can not say that The future is what it can go Situation. What has changed in 2017 is not a matter of consideration. The changes in the crypto market have happened many times But he could never stand in a situation like this. Interesting graph 2016-2017 is the bear situation for crypto.

But we're still in April so you can't actually compare what happened in April-May of 2017 with the current market movements.

As for the "momentum building up", I don't see any of it, the media simply caught up with the hype after the pump to 5k and started releasing articles that they knew were going to get tons of clicks. Things have calmed down since then.

Another 2017? A new ATH? Chill out, I understand you're in "bullish mode", but it's too early to start talking about such things.

Yes probably and we will going to be happy especially those who bought bitcoin at cheap prices and hold it to the bull run. I just can't imagine how much that holder will going to earn especially if one could sell on ATH of bitcoin.

hopefully this year ATH will be anticipated and will going to be a graceful year with bitcoin.

This is exactly what i expect this time around too, one thing is certain that the market is recovering and the signs are really good and hopefully we wont be going down to $3k from this situation, i am expecting the price range around $8K by the end of this year and we might see some small correction in between.

@OP Hopefully Bitcoin will follow the path of 2017 by 2021. :)

We can actually say about this because the future will be going to any direction so the conclusion is saying by us only at the end but the possibility of development is higher in this position of Bitcoin so we can trust about the future will be more good as like we expected.

Well right it is not so easy to give you opinion about the price because it is so long when the price of the bitcoin was good and in 2017 it was so high almost 30k dollar I think it is not easy to approach that value but who knows as I have see crypto currency growing so high even in few months and now I think we can expect that good price, I am happy that price is gonna high because I am aware of the abilities of the crypto currency [bitcoin].

Maybe the price trend is somewhat similar to 2017 but I prefer a gradual increase rather than steep climb. And with the increasing number of crypto users as well as merchants accepting crypto, I consider that this price increase has solid grounds. Unlike in 2017, it was more of a hype and noobs trying to join the bandwagon. People are now more educated in terms of crypto and a lot of them learned their lesson from the past couple of years (2017 for the BTC's ATH and 2018 for the rampant ICO scams).

I will not be surprised if the result is different because this market was new. Because, after the increase in 2017, "simile" continued, but I witnessed that none of them were as said.

The path comparison between April-May (2017) and now is not similar. The increase that happened this April was immediate then the one from 2017 was like a slow snowball effect.

Here's a screenshot of the price movement from april to may so you can compare it to sunsilk's image above.


https://i.imgur.com/5WfSiVm.png

I'm sure that later, bitcoin will return to the previous highest price, but conclude that the movement will be like 2017, although the chart is similar. of course the demand and supply factors and trends are the reference for movement

I think the latest hype surrounding big Initial Exchange Offering (IEO) projects are giving Bitcoin the same boost that ICOs gave Bitcoin back in 2017, before they started to ban Crypto currency advertisements on large social media platforms.

We are still in the early stage of Initial Exchange Offering (IEO) projects being launched, so the upward movement might be a bit slower, compared to what happened in 2017. <The IEOs are more regulated than ICOs and it takes a lot longer to launch it.>

The highs of 20k are still fresh in the minds of many people so the pump now will be quicker than before. It's when it goes back to the ATH that we will see a ceiling that is hard to break

That will happen someday, and maybe we will see it this year or in the next years. The chance for bitcoin to increase higher like what we saw in 2017 will be wide open, but if the chart looks similar, I guess that is only a coincidence, but it could be true as the price still moving to the higher price. So I think it is better to wait for the time to come and makes the price can increase higher.

We have not been able to give an accurate comment on the future of BTC in 2019. It is quite vague. Our crypto market has recovered too soon and this is not a good signal. it is going against nature. I am worried for investors who tend to buy more at the moment.
This may be a large trap of whales.

There are big difference between 2017 bull run from 2019.

Year 2017, Many people FOMO in and buy BITCOIN without understanding on how it works while this year its a complete steady growth i am optimistic that we can reach $10k Level before year ends.

Well it does feels like it is happening again.
But only this time people already know about crypto so this isn't FOMO.
And I do agree that if this continue we could see it reach $10k or even higher before this year ends but I wouldn't expect to see a new ATH.

To much to think that we could reach $20k again cause the market moves slowly. Though I'm an optimistic person but seeing how the market recovers from  the long bearish season will surely be needing enough time for that. It is a big enough to see Bitcoin reach $10k before the end of this year and it would be a blessing for us if surpasses that price. 

If that will be the case of analysts that are pushing investors to buy bitcoin then we might really see an upcoming pump.

Some rich people does really look at how professional analyze the behaviour of the market.
The question is, are they also relying on history?
They need facts to prove it and I dont believe this is a good reason already for them to believe it is the right moment to buy.

I believe that although there's still much research to prove that, and we have to see the end of this year if 2019 is really following the trend of 2017, if this is true then there's a possibility that this thing can happen again and again, and that's great news because of this discovery, because we have a sure pattern to look.

History never have that strong to happen again in a decentralized market. We know already how prices dependable on the market demand and supply and therefore, we can't assure that it will have the same pattern as it happen last 2017.
We are moving actually, and it is pretty much sure that if we buy today will have gains in the coming days.

Right we are in modern age I know now today the price is not very high but I am, sure this is god time when people are aware of the technologies and I can see my bitcoin getting more value, so I think this time bitcoin is gonna cross all the previous limits of the market, price will cross 20k value till the end of 2019, so let’s see what happens.

This can only be proven if december comes and bitcoin price surges into its highest peak.I think the flow of bitcoin price is  highly different from 2017 but i do hope that there will also be a similarity when it comes to price surging in the year end.So we should positively wait for it if its gonna happen this year.

I can only wish. As many pointed out, ICOs played a big part during the 2017 ATH and th3 situation is quite different this year. Still, thanks to that whale and his 3 transactions.

I don't see any other reason for a hike but if it will, we'll just swim along with the whales.

I think that we can agree to disagree that Bitcoin's movement right now is no way similar to the bull run that happened in late 2017. For one Bitcoin last 2017 isn't coming from it's ATH compared to where Bitcoin is now. If you look at the movements of Bitcoin you can tell that it's slower compared to the rapid pumps we have seen back then. In 2017 we didn't expect Bitcoin to go above 10,000$ and most people didn't even imagine BTC reaching at a price near 20,000$ but now we are expecting it to have a new ATH above the previous price, I think that's enough evidence to say that we aren't following any historical price movements.

It's good to speculate now, now that the price of Bitcoin is slowly moving up, people hardly notice that Bitcoin is now in the $5200 level, who knows it will hit $6000 level before the end of the month, but I don't think it has something to do with the path of 2017, but mainly because of a lot of good news about Bitcoin.

If the simple minded folks who invested on Bitcoin and other crypto currencies based on hype only is back then it will not be the same graph, I think they will be investing to take back or they won't be investing again as they have been hurt a a lot. One year is not enough for those who have lose their Money way backed 2017. But if this goes on, new investors will come, and new hype is going to happen, combine all investors of 2017 and ones that are new comers, add the positive news and governments supporting such and such, I think this market will be lively more than the last ATH.

We are all waiting and hoping that same path will be taking place, looking from the statistics, there's really possibilities that same movements will happen,
there's a good trend right now and with the same patterned things can be good again, the conclusions will only happened after this year, we will see more actions in terms of price surging and continue to quest for it.

I don't see it following but I am just hoping it will follow the 2017, and even surpass the success of 2017.
The price is quite bullish but it has not last at least a month, so it's still very early to tell, we cannot guarantee but it's good to hold at this moment.

if bitcoin follow the same path of 2017 then the best possible outcome would be we will see one more positive huge pump going to 12000 dollars and even 20000 dollars price probably this year

It might be possible to follow the path of 2017, of course, the value of bitcoin is much higher and many investors will benefit. We learn and follow market movements and this will provide many opportunities.

But this is even better in a way. People that buy BTC this time are more knowledgeable and experienced than those who were buying during 2017 bull run. People now know the risks, they know the market can go either way from a particular point, and yet they are buying because , I think, they are rather long-run oriented.


 I'm surely with you on that, mate. :)

I dont know but i am thinking the same way you concluded. The moon last December 2017 is now happening again after the consecutive price dump. Its also about this month whe. It started to increase littlw by little then went to its peak on December. Hope it will happen again this year.

Currently even with that chart compare we can't say that bitcoin is following thr same path of 2017 but I highly believe it will follow and we will see new all time high price in 2020 because of upcoming halving. Price don't has to fall but keeping regular 6-7k this year will be great success to my mind. We have to repeat 2017 in 2020 when halving will happen, for a little time stable price and then rise and rise.

There is still a lot of time to go for that to happen, is it on the same path? Yeah for sure, but it is not the same just yet, in order for it to keep going we need to keep pushing it and without that its just on the same path but not on the same distance traveled.

We should stop with the talks of "oh it was the same on 2014 and same happened on 2015 and oh look its 2017 all over again" and all that, we should definitely try to create our own history and make 2019 unique compared to all other years, if we keep having the same things over and over again than we are making ourselves vulnerable towards the manipulators who will keep on making the price move up and down constantly like previously and make us believe same things will happen while they make the money.

If we look at the conditions in 2017, there are many similarities, the volume of transactions continues to rise, many ICOs have successfully achieved hardcap and this happened in 2019 even though the ICO was replaced by the IEO, And I am sure that this year the market will pass the highest position ever in 2017.

if it's true that the OP says I think it's a prediction that is too easy. if the cycle in 2017 can be predicted to be similar for this year it will be very easy for users to invest. but in fact BTC prices are pumping this month no one knows. I am not too sure that BTC's glory in 2017 will be repeated. what I'm worried about this just a manipulation price to encourage investors.

More time is needed to come to these conclusions. The technical analysis of Bitcoin can give also a better answer. As for me, I can only hope that BTC can go to the Moon this year.

No technical analysis would give out a precise thing when it comes on where the price would go.It wont give out any assurance that it would follow on the same path of 2017.
Who knows but theres a probability that we can even surpass it but not this time for sure.We wont able to achieve it for short run.I do rather prefer to see it on slow pace than on a hard pump.

if it was like the same strategy followed by the time there will be a huge development will happened right now in the end of this year so that chances of making the prophet more higher is like we don't have the Assurance about it but hopefully if it was work the profit is confirmed for everyone.

Some form of growth is incoming with bitcoin. This makes people indicate the present instance of growth is taking the path of 2017. During 2017 there was similar form of growth, and reaching certain price it begun to grow tremendously with a large scale difference happening with the price day to day. If that happens further after the ongoing growth can confirm the growth to be following the path of 2017.

In December 2019 I am sure price will be high as in 2017 price touched the sky suddenly and price has become higher very faster than no one was really expecting. It has been happening since long that price rise and fall but 2017 is memorable year when price was high to the peak so according to market movement of the price and progress 2019 resembles with 2017.

Bear markets are cyclical and that is the same thing we have been experiencing over a year now. The crypto market is undergoing another cycle of bear market and i can think of a huge bull run which would see bitcoin rise to another all time high.

I don't know. But I think it's not same 2017. We have to wait until 2020 maybe..

IMO expert estimates not always right to fall again its not possible, investors and market traders will not allow it they make a barrier so its difficult to dump and the movement won't always be the same as the past. Well that's crypto.

I didn't see that, but if it really happened this year, then we should be grateful because for a long time we were looking forward to a positive market change this year after being trapped in a downtrend.

I think comparisons are good but we should work towards attaining good profits from the present leve
The past is not an indication to the future and investors should not get fomoed

I do not see too many similarities. However, the other thing here is more important: the mind of people changed. Now, we have become more realistic than in 2017 and much more cautious.

I agree with you , now the market shows little bullish market especially global , it seems to me that we are still in the bearish market , and clearly still will fall , I'm watching one trader who earns well and he said that in 2020 will be a bullish trend

Might not be. Many say, June will be the month of BTC as it has already reached its highest marketcap. Few say next hallween will be like 2017 pump. With these, we can really hope that 2019 will not be like 2018. Hope to have positive trend moving forward.

The current year cannot be compared with 2017. It was an abnormal year, when people were agitated because of its rapid price growth. This may not occur very often. Many still remember how much they lost after acquiring Bitcoin at the high December prices and now they will still be careful. This year, I think, the slowest growth is most real when the volatility is typical for Bitcoin.

It depends on us, if we will invest on right time and we will not panic so our investment with bitcoin can rise even more than this, I know in 2017 price of bitcoin was so high that the record is still in the market, but now again we are expecting this as recently some countries including china has unban crypto currency so they welcome bitcoin again.

If the same method is repeated again for a large increase, then all is the right time to invest because at least you already know the flow. If it's the same way to start, I just feel the peak won't be higher than before. Anyway, if you predict in the same way the increase will go further as if it was an uncertain event.

I think it is clear that OP is anxious to get back on the plane of success this year, forcing the charts and numbers to observe the signals that only he can see. However, I do not see how this can happen again, even in a remotely similar way. It's time to understand it, this bubble has already exploded and there is nothing left to do but try to recover something lost in a market that will tend to permanent stagnation, with some eventual bull trap like the current one.

I think there are many difference between 2017 and now and maybe its good we had 2017 its not a first time as people have seen 2017 and people who could survive during 2018 believed in crypto and BTC which means if we have big bull run most of the users who already have experience wouldn't sell of at once.

It doesn’t show any big similarities but again its always good to think positive. Bitcoin are more awake this year, and the price moves different from the previous year however the volume on the market right now is different from 2017. We waits for this moment since last year, now we are closer to make a new bull market we can have the chance now to take back all our losses so Keep holding, or else you will be left behind.

I don't think it's the same as seen from different conditions and paths, so maybe it's just a different perception, and I think I'll buy some and wait for lambo this is just your speculation and I agree. just in case I diversified my investment.

i see positive graph you showed. it's similiar or not same 2017, we could happy to be high price over.

whatever the perception is, I think what we need is healthy growth, during 2017, we see drastic growth and a drastic decline as well, my hopes of the current increase are healthy and correction is healthy too

It has similarities but we know that in 2017 people bought bitcoin just because of hype and trend that they will take easy profit. This year 2019 people are more intelligent in buying and investing in cryptocurrency, i think bitcoin will reach at least $10k at the end of 2019 because of the upcoming bitcoin halving, i am sure people will accumulate.

Bitcoin is actually doing well now,some people are already seeing a repeat of 2017,but i don't think bitcoin can go as high as we have it in 2017,it need some time to gather momentum.

You are right, but there are many examples of the fact that then people did get an easy and big profit, which you are talking about. There were a lot of winners then. Like the losers.

We will face the same path of bitcoin price in 2017 when the moment is come true about 2021 year, maybe will be getting higher than how bitcoin in 2017 because in 2021 bitcoin more higher again.

Indeed, growth and decline are very significant but I think in the long term in early 2020 bitcoin will experience more stability and there will be no drastic decline because it will be regulated by the government if it is legalized.

2021, that's another year, if we will have a good year going forward then I'm sure we will have a new all time high that time.
BTC is undergoing a big correction last year but now started to bounce back and its recovery seems to be doing better, we bottomed out, at least that's my opinion and with that said, I believe bitcoin is ready to create a new journey going uptrend.

It will be impossible for bitcoin to follow the same pattern it followed last year, they might look similar but not because it’s a patter it has to follow, the investors we got into the system are different from the last one and there is no way the number of investors this year or current crypto user this year will tally with that of 2017, except it’s a coincidence.

Pattern aside, crypto currency this year is expected to boom to a significant level that will make every one satisfied and have the assurance that we are completely out of the bear market, but whatever bull run or value we are targeting may not be this year until next year, since its halving is slated for then.

No, I still can not see any such intensity and Bitcoin price may take more time as going up of 2017. Because investors are getting more losses in 2018 for some scams and unless icos. So, now investors will take a lot of awareness for their investment.

I came to invested in bitcoin or know bitcoin at november 2017 so I didn't know what happen in a few months before november 2017. You may know how the movement price before november 2017 til you have an assume that this recent price movement is the same with that. However, I still have a big doubt for bitcoin meet increased price again and reach $20.000 as the achievment in 2017 ago. An information will change per years, we don't have a way to same it all the time and this is pointed out we don't have any assurance the price bitcoin same with 2017, moreover for the current situation and we had been in the bearish market for one year and more.

I think, every crypto move will not be the same, because every situation is different. especially nowadays there are many who know crypto, of course the movement is different. if for the same movement I don't think like that.

Honestly, I don't see a lot of similarity. To begin with, the rise which culminated in the December 2017 ATH had started as back as the second half of 2015. In this way, if you are looking for similarities, you should look deeper into the history. If anything, the current dynamic looks more like the first half of 2015 rather than early 2017. In other words, we should be hitting new all-time highs no sooner than December 2021 when the effect of the 2020 halving should come into full force. That's what mimics tell us

Anyone with me on this?

I agree with you on that there's not much similarity between the current market behavior and that in 2017. Overall, I think that all cases are different and that there are too many factors to consider, and normally we have no idea about half of them, and that's why we can't say with certainty to what degree is one situation similar to another. However, like with fingerprints, leaves, snowflakes etc., we can say with certainty about any two periods of time in the market that they are not completely alike. And that's why I think that the new ATH can just as well happen in August 2019 as it can in December 2021 or in December 2020.

In simple terms, we don't know

We don't even know with certainty whether it is going to happen again (well, at least in the coming years). I for one think that the 2017 rush was a one-off event explained by people finding out about crypto en masse. Now that they have tested the waters and given the natural limits in the expansion of such knowledge set by the size of the world's population, we can't actually expect a new rush for the same reason (unless aliens start to use Bitcoin as well, of course). There might indeed be other reasons involved in the future surge if it is about to come, but so much for the repetitive patterns

In 2017, since January, we could see higher highs and higher lows. It was a very long uptrend that became more volatile in May and June, with prices going up without backtracking to retest the newly established supports. This was the result of a confirmed bull market in late 2016, which ended in a crucial bull run in December, that took us to the previous ATH of 1.1k USD.
We are nowhere near that now. You're comparing a year where we came back to the ATH after 2 years of bear market to a year where we are struggling to go back over 5000 dollars (25% of the previous ATH).

Again, in case you you didn't get it. 100% previous ath and a bull run in 2017 vs 25% of ATH and still a bear market now.


Even if we reach a new ATH I'm not going to buy something as trivial as an expensive car made of plastic and glass fiber, that burns 3 times more fuel than a normal sports car and costs 5 times more to repair if something fails. There are more important things in life, really.

maybe bitcoin follows the price like in 2017 up to the price of 20 K USD, the possibility of a price increase won't be as fast as it was in 2017 because in that year there was a wannacry virus attack on all major companies in the world. to eliminate the virus must be paid with bitcoin so that the price of bitcoin at that time was very high.

At a glance, if seen from the overall graph, it might be similar, but if we look at the volume, it is very different wherein 2017 the increase was caused by the volume and very large market capitalization that made a bomb at the end of that year.

There was a huge increase of the trading volume, the volume was doubled at one time, and even higher and that tells us
there's more money flowing in this year compared the year 2017.
There's lots of bad coins in year 2017 due to some fake ICO that just pump their coin then dump, people got FOMO and that's one of the reason.

I don't believe bitcoin will follow prices like 2017, because based on the current analysis there is no bitcoin request that exceeds capacity. At that time the demand for bitcoin was so large that it applied commercial law, where there was a lot of demand but little inventory, prices would rise sharply.
Even though the conditions are different now, bitcoin demand is normal, if there is no drastic demand so the increase is small. And even then it sometimes goes down again so the price is very dynamic.

Agree, when the market is moving towards upwards trend we might see the volume will increase according to the situation and it doesn't seem that we are in the bull run. We have to be very careful with the current market situation the price of Bitcoin may fall or may increase. The situations might change in every aspect of the market.

You can always spot similarities in movement of bitcoin in the past but it does not guarantee anything.Remember, past performance does not assure future performance. Don't get your hopes too high.

This years gonna make new history but i think not as much as we expect,many people loss money the last time they bouoght last year,most of them are new comers people who get hyped and bought bitcoins at peak.Im sure it will still pump but not at fast phase like last years pump

Sometimes being too optimistic would really lead to unrealistic presumptions or hopes which would only frustrate you if those hopes are being broken that's why theres no such thing
that things in the past will guaranteed to happen in the future.It may form out similar patters but as said these things doesn't assure that it would repeat once again.

I find your calculations pretty convincing regarding renouncing the similarity of market conditions 2017 vs now. Indeed we are only around 25% of the ATH currently, and we were at 100% of previous ATH in April 2017. But my conclusions (which you may not agree with) are the following. Yes, we can't expect surpassing the previous ATH 16 times, as it happened in December 2017, but we can expect surpassing it 4 times, which means that Bitcoin can reach $75,000 in December 2019.

I personally don't think that it is possible to predict Bitcoin price based on the previous patterns, but I find it interesting to speculate on the subject and to check out in December 2019 who was closer to the truth with their predictions.

If today the movement is not the same as 2017 who knows may be tomorrow the price will be high,  I know now in market new investors are joining which is making the price really good, I hope very soon price will start moving upward and  we will be able to gain real profit, as you said I am not sure about every crypto but I am sure about bitcoin and ETH that price will rise really high.

Too good to be true

If you ask me, it would be a miracle if we just came close to the December 2017 highs in the coming years (let alone months). If you don't ask me, I'd still say we are unlikely to see the amount of hype and steam we saw back in the day. It could be said that the novelty of crypto has worn out but as they say, there's no second chance to make a first impression (read, the days of the wild hype are over and probably for good)

Yes that's for sure. The second such chance, which was at the end of 2017, may no longer be. At that time, people still didn’t know where the growth of cryptocurrency could end and in general what price increase it is capable of. As we already see, investors are not in a hurry to invest in cryptocurrency, they are no longer sure of its large growth in the near future. Cryptocurrency, of course, will grow this year in price, but with extreme caution. By the end of this year, it would be good to see the price of bitcoin at the level of $ 12,000.

It's undeniable that he current market for Bitcoin is following the pattern from 2017. I guess if things will not change, we might experience another bullrun for this.

There are many opinions on the present bitcoin price behavior and a lot of them are positive in this development. There might be a similarity of present movement of bitcoin prices to 2017 prices but it doesn't mean it will go for another bullrun or end up in another ATH. But it is good to see that the price of bitcoin is finally out of the 2018 bear situation and on the road to another bullish trend. This year, bitcoin might try to break the $10k but that remains to be seen and it also depend on the market developments in the days ahead.

If it really is indeed mimicking 2017, we just have to wait for the Lambos I guess?

 But there are a lot of things we should be considering right now since bitcoin did fall down in the third quarter of that year then rose up. People should just wait and see how far bitcoin goes right now.

I think it is going to be better than 2017. Everyone knows that the coin from Facebook is a huge deal and we are all expecting a tremendous growth in the market when it gets listed. Facebook got some issues but it's a most used brand like Youtube that no  matter how they  hate it, they are still going to use it just like the new FB coin. This time for sure, the market will hit trillions and btc having a new ath at the same time.

Bitcoin Trend is expected to repeat by this year 2019 once the btc prices cross 5500 dollars thereafter bull trend may see uptrend positive turn up towards previous all-time prices

If im not mistaken i think the price did already crossed 5500 usd last week  but unfortunately the price did nosedive a few hours later  .

 the incident was fast and other countries were asleeep , they only knew that a massive pump happen after they woke up eariler that morning   .

 2019 is doing a great job , many of us are expecting that the prices of cryptos can still grow further  . it can be like 2017 or it can surpass the hype of 2017   . that thing is for sure 

Bitcoin does not have any pattern it follows and I don’t think any crypto does too, bitcoin is an ongoing projects that is being exposed to different factors that is contributing to its growth every day, and I think the factor that affected Bitcoin today will not be the same that affected it yesterday, the total number of investment in 2017 might even double up in the next bull run, no one knows the direction, since everything still depends on man and their contribution towards the development.

Now, I hear that Facebook will be launching its own coin this year, if they do, do you know the great effect it will have on the crypto market which we didn’t have in 2017.

I think there is a chance for making another impression that can be better than the first one. For example, Einstein published the final form of his General Theory of Relativity in 1916, but it did not appear to be as useful at the time. And only in 1960s and later, when various astronomical phenomena that confirmed the theory were discovered, it became central to physics and astronomy. I'm sure other examples of such sequences of events can be found as well. It's just Bitcoin was a bit ahead of its time. But its time will come.

no. I think this is just a coincidence because Q2 always has a great buying power for financial markets. That is the cycle and I think the BTC price is about to be adjusted again. It will soon fall at 4k6 - $ 4k7 in the next 2 weeks.

Crypto is a market that has attracted the attention of people today. BTC is on the way of strong development stable at over 5100 dollars. The BTC price is highly appreciated by the houses and is expected to increase to $ 9,000. I think this is reasonable because the BTC is making people care and fight for it.  BTC will repeat this cycle.

even though currently the price of bitcoin is developing well, but if it has to be equal, level it with 2017 is still very far away.
but everything is possible within a few hours the price can change quickly.

If price is certainly gonna pump then there is nothing bad to hold and to wait as we know time makes things good so the same in crypto currency we know in 2017 price was very high, those who sell at that price are lucky because they have become milliners, so being a good investor now I am hoping for another peak price year.

But there's a catch

Even if Einstein's General Theory of Relativity got a lot of traction as well as application starting in 1960's (let's assume you are correct), he didn't live up to that anyway. In this manner, if Bitcoin succeeds big time in, say, 22nd century, we are unlikely to witness its triumph, so it is definitely not something we should be looking and still less waiting for. Thus, if Bitcoin is to make a second coming which would be better than the first, it should hurry up

Yep, who doesn’t want an increase? A lot of people has been disappointed, although majority of them were newbies who thought they were going to get in and make quick money, due to what they were told. But a lot of us who have been into it for long and invested after the last bull are also expecting the next to happen anytime soon.

There are no more dumb investors that will rush into buying BTC just to make x2 of their money. Media are in full bad publicity mode to prevent retail investors in making the same mistake again in 2017, We are lucky if we can see $10,000 USD this year.

It should, and it will. Things are happening increasingly faster these days. What took 50 years back then can take 15 years now. And considering that 10 years have already passed, it seems fair to say that we are close. :)

Among other things, blockchain technology, and Bitcoin in particular, can be used effectively for fighting corruption in the government sector. But those who are in power are either too lazy or too stupid to grasp the idea, and there are also others who simply want to continue plundering their countries. But this will come to an end soon since high standards of morality and ethics are more and more in trend in these recent times.

But people are tremendously impatient these days

So if Bitcoin doesn't deliver any time soon, they will definitely start complaining. Wtf, Bitcoin's price had been stuck in a tight range between 3.5k and 4k for nearly two months (maybe even for a little longer than that), and folks already started wining that the market was boring. But that's not my point. If Bitcoin is going to rise and shine again, what should that be if not hype (the odds of which are small anyway)?


The powers that be will never agree

it doesn't have to be the same but the graph of the bitcoin price movement this year is almost the same as last 2017,
maybe if this year the bitcoin trade will continue to be the same as in 2017 and at the end of the year there will be a significant increase again even though the price doesn't return to ATH.

I don't see what you saw but i check the chart amd from other replies chart whilst i been thinking that it was not that same path. I am not yet convinced with the current set up even there are plenty of good news about cryptocurrency and bitcoin. In short i feel like there's one more way down and to stay a bit there before we saw another good path like in 2017.

Even though we have the rising track of prices but still far from what it shown last 2017. For me, it is impossible to duplicate that kind of movement cause we know already how investors today look for crypto. They aren't be kind of long term holder, instead they are the kind who are easily to change and mostly do panic selling. This could be a reason that will stop crypto from soaring high and completely recover from dips.

That is why some of us that has been in this market since 2015 keep saying bitcoin may recover this year because of the patern that it has been  following since 2016. It might be difficult to believe this but bitcoin is following the recovery faces that we witnessed in 2016. I am not seeing much bullish trend this year but the market might be a bit better this year than last year and we might be heading toward the type of bullish market we have in 2017 at 2020.

Maybe there could be coincidences but it really depends on how the community, investors and enthusiasts believe on thwir own predictions because changes might happen anytime. If Bitcoin is following the same path as 2017. If that will really happen I think only those who bought Bitcoins will have a good harvest. 2017's  luck will still be affected as they will continue to make thisngs  more favorable to big players.

I do have same mind with OP that 2 year cycle will happend this year and starting last month with bitcoin gradually rise up and there are similarities from 2017 that since beginning of year the sign showing bitcoin move into positive trend but do not too euphoria because possibly it could be missed

The market has experienced a recession since last year, causing investors to worry. Therefore, the market needs a long time to recover and grow again. Maybe BTC can reach $ 20k. The price of the ongoing BTC to increase from $ 4000 to $ 5k1 shows the return of the bull. 2020 will be the year when the BTC reaches its peak in the market.

No, there will be no such scenario of the cryptocurrency market growth, which we observed in the second half of 2017, in the next few years. After such a long period of decline and stagnation of the cryptocurrency market, a long period of its recovery is also needed. Now investors will still be cautious and will not invest more in cryptocurrency. For the time being, the slow growth of the cryptocurrency market may and does resemble someone in 2017, but the second half of the year, however, should be different. This year, bitcoin, I think, will continue to grow as slowly. By the end of the year, it can reach $ 10,000 - $ 12,000.

I agree. What had happened last 2017 was totally a blast for bitcoin because its price has made a huge price increase in just a very short span of time. This year we can observe a little by little good price increase in the market until we can see a bull run waiting for us in the end.

I think we can not get ahead so much, because this is crypto, everything can happen, and we are in a phase of accumulation that can last for months or even years, the best thing for now is to wait to see until the millionaire bitcoin portfolios can reach the 70-80% of accumulated bitcoins, currently going for 62% of accumulated bitcoins, is for that reason that one should wait and have patience, because all movements currently made could turn out to be in some bullish traps.

I think it is, but I don't think it will repeat just the same. The number of usage or bitcoin holder transactions is more than what was once before, so I think changes that could happen will not be the same. Consider looking at the graphs of transactions made in this graph below. This could suggest that even when the price was low, the people's usage was increasing and was not even decreasing with the price. This could only suggest the big difference should there be an all-time-high same as the year 2017. Refer to link.

https://bitinfocharts.com/comparison/bitcoin-transactions.html

Thats it . more btc holder/transaction means there are more demand on btc these days compare to was before . meaning the price thesedays or on the future can probably double than what we experience on the late 2017 but still lets not forget the fact that btc is still a volatile type of crypto  which means the price can still drop no matter how much is the total number of btc hodlers  .

We can not even tell anyone what the value of Bitcoin can hold for the future. But we can invest and trade if we want Considering the price of Bitcoin daily. More people have forgotten 2017 and they think it will not come back easily. But I think there is no need to be upset because bitcoin can come back at any time according to your needs.

Lol. I hope it does follow the 2017 path up to the december run. But i doubt it'll repeat that soon. I'm pretty sure people wi start selling when the price even goes close to 10k. Things are different now than when 2017 started.

Bitcoin does have a unique price movement pattern, where the pattern always repeats in a certain period of time, in my opinion maybe because bitcoin has a halving day cycle that occurs every time period until there are no more bitcoins that can be mined. How come in 2019, bitcoin can form a pattern in 2017 but with a much higher volume and price, so we can take advantage of that,

Yes, The chart showing the same movement of 2017 and after it's new upward movement many new people coming to this market to buy Bitcoin for future gains. We can expect a new all-time high before this year end.

We don't need no hype for Bitcoin to rise. Just something similar to what has been happening during the past month (20% gain in one month) would be enough for 1 Bitcoin to have a price tag of $22k+ by December this year. And then even if no news at all were posted about it people would start adopt BTC more and more. We just need to show the world that $20k wasn't actually a bubble and that BTC can go beyond that mark. When people see that (some see that already) exponential growth will start.

Please remember one important element. Technical analysis is not 100% effective.
For example - on 7th of May, there is going to be a huge debate in China (where most of all the cryptos are mined) about shutting down the mining facilities/changing approach to them based on energy consumption and influence on the environment.
This could shake the market for weeks, depending on the outcome:
1. A total ban on mining (very unlikely) - panic on market, which can last for weeks, as long relocation is done. Moving facilities to countries with more expensive energy should be beneficial for the price of BTC in the long term (uuuh 2020?)
2. Partial ban/relocation order (likely - moving facilities from densely populated coast to poor regions with a surplus of energy), some disturbance on the market, in long term - rather insignificant influence on the price of BTC (unless there will be a natural disaster in such poor region)
3. Nothing changing - 2017 it is.

Its seems a little closers on that year 2017 on what happen now. I hope it will be. If the majority will get recognized this chart they will start think about to buy more bitcoin now for the possible bullrun coming this end month of this year. I hold bitcoin, but it just a little, if I could only have extra funds I buy more bitcoin now.

So far that you may convert your fiat finance to bitcoin as soon as possible. It is must a profitable option for the investors who wishes to put their fund on the bitcoin and altcoins. We will be able to trade the bitcoin pairs for stable coins also in the market.
I believe end of this we will find the same growth like we see on 2017. Guys do not forget to hodl the bitcoin for your long term profit.

I also hope to repeat that cycle. BTC prices increased abnormally and stabilized above $ 5100 in just a few weeks. After a period of time facing the bear market, it is a good sign we feel that the market is returning and showing signs of recovery. Nothing can be said in advance but let's hope it will repeat again.

I don't think that bitcoin now is following the same path of 2017. It's just too early to say because there's no trend and hype at all. I think the rise of the prices now are only temporary. But if it continues then it is so great for all of us. Let's all just be prepared on what will happen next.

The repeat would mean another bull run, well, we can enjoy the good times again.
Patience that we have has to be rewarded with good profit, and I smell a bull run and the FOMO that will be coming soon.
BTC is holding strong, it has more uptrend movement now, so let's wait and remain optimistic for this year.

But as a bitcoin users we should always have great hope for bitcoin and i also observed the chart both are same of 2017 and 2019. But still i agree with you 2017 was a blast for us, so may be in the time it will not happened and bitcoin may be can't reach again in $18000 to $20000.

although there are similarities at the outset, not necessarily at the end of the year it will be the same as in 2017. I am sure the price will lead to the previous peak, but the time difference, it may take several years

Oh I see, this can actually create FOMO buy too since many investors will think the path BTC followed in 2017 is the same path it will follow now, although this might just have been a coincidence but I don’t think it is a circle or trend.

If Bitcoin is to follow same path, I think this will be the best time for everyone to buy more of BTC, for me, I already have most of my investment in Bitcoin already because I usually don’t deal with some of these altcoins that does not have any promise for future. Most of my altcoins that I got free has even been converted to BTC already ahead of the coming bitcoin that we are all awaiting, and probably we will get to see it by 2020.

This is not a coincidence

This is wishful thinking at its best (or worst). Yeah, I understand we all want things to go the same path as in 2017 and Bitcoin to strike a new ATH by the end of the year, but there is very little similarity between then (2017) and now (2019). Bitcoin had been rising the whole 2016 while it had been falling through 2018, easy to check and see. So if we take into account this dynamic, there is very little ground for drawing such conclusions. If anything, 2019 follows the trends which were active in 2015, not in 2017

Well I hope so that it will really going to have another bull run with bitcoin market and other strong altcoins in the market like ETH, BCH, XRP and etc. I do really believe in these crypto and will be happy seeing some pump on it. If it will really going to happen then definitely I will havenl huge gains from it knowing that I invested in bitcoin and these crypto during the time that BTC market price is below 4K usd.

In 2017 price was very high, so many people have admire the market because they got to know investing in crypto currency, is big profit market can rise and fall but good time needs to find, price is low but movement is steady that’s why we are hoping for profitable future, till end of 2019 I am sure price will reach higher price of 20k.

With the current market condition we have at the moment,i'm pretty sure this will all lead to a bull run.Although the kind of hypes we have right now is not really similar way back 2017 but i think this will all end into the same goal,a bull run at the end of the year or maybe this year bull run will come earlier.

Pretty not similar because the last time, we did not anticipate it, but now people are excited to see it again and they are anticipating
that the bull run that will come will be bigger the the previous, with that it will create a new record of bitcoin price that will mark again another achievement.

Indeed, the price of bitcoin, for now, is better than a few months ago which dropped to 3000 $. But all is just speculation, it cannot be predicted that it will return to 2017. But at least we are approaching Halving day moment.

I don't think bitcoin is following the 2017 trend because the rise of its price is still slow compared to that year. There is also a possibility that its price will go down below $4k before it appreciates again. Some investors might be excited on the next halving that will happen next year and they start buying to beef up their bitcoin reserve. This buying helps the price of the bitcoin to go up in a short term.

2017 was definitely the year for bitcoin, there was an over hype and a lot of people did not want to miss out causing that momentous event of reaching the ATH. This year, however, bitcoin has a more calm and stable market behavior. Heck, what do I know, I mean bitcoin price is highly speculative and no one could ever foresee what the future holds for us. One thing's for sure though, more holders simply mean higher value, so, it's HODL time me until we reach another ATH.

HYPE and the promised of great riches, Many first timer or newbies in crypto's bought bitcoin with a profit in mind thinking that they can easily double their money in a short time. The same people cause the big downfall of bitcoin when they experience the first bloodbath in 2018 and they starting to sell at loss, bringing bitcoin price to its knees.

I do agree with you , this year only for the recovery of bitcoin and by next year where there is another halving thay will happen we will witness a new ath.

Yes, I feel the same way and I hope this actually happen again.Because suddenly bitcoin has pumped up like 2017 clearly it indicating us that price is going to up Again.I don't know price will go again like 20-25K like 2017 but I want atleast bitcoin reach to 10K.Because many people like me are waiting for bitcoin to price goes to a suitable position where we can make profits.                   

Yeah in 2019 price of bitcoin will try to recover all the previous records and this is gonna be the best year for us, in 2017 price of bitcoin was really very high but now again the same time will come, people have been waiting for this golden time since long, so have patience and try to buy more and more soon price will be really high for us.

I doubt it. We are not there yet. The level of hype was pretty high then and also many big exchanges and investors heavily manipulated the market which isn't the case this year so far. There is definitely some exchange manipulation going on but nothing at that level. That FOMO is still unmatched. We are seeing a healthy growth at the moment. A hype will kick in but we haven't reached there yet.

We cant tell for now if the bitcoin following the same path in 2017.
Because as of now we cant be sure because of slow increasing the price of bitcoin and also the altcoins, Maybe in this coming december the bitcoin will get the high price just like in a year of 2017.

I strongly believe that bitcoin travel will rise like 2017 so the price will reach USD 20000, but it will be achieved in a long time. For the short term, at the end of 2019, my estimate is good at the USD 8000 figure.
Of course the prediction is very reasonable considering the current price of bitcoin is in the range of USD 5300, and still continues to increase again because the demand in buying and selling transactions is quite high.

I agree, indeed compared to 2017's hype and FOMO, what is going on now is rather a healthy growth. Times when people were buying BTC thinking that it's kind of a get-rich-quick scheme are gone. We'll probably never see 20% rise in one day any more, but I actually think it's a good thing. If the growth will be a steady one then we won't see a tragic decline either.

Such rise was less than 3 weeks ago

On April 2 Bitcoin rose more than 20% within just a few night hours (European time). It started at lower 4000 and spiked to over 5000. And now we are trading above 5300. Even though we can crash at any moment (but this has always been so), we can't either exclude the possibility of rising 20% overnight all over again. This is the thrill of crypto as you never know how much it can rise or fall and how fast. It may take a few weeks or just a few hours

It looks very similar if we only see it now. But for the future I still feel doubtful because sometimes the market moves not as we expect. We might believe trust will happen to the market, but to make ATH new I still can't think about it.

Price is gonna rise I think 4000 will be the good price and it will continue rise even more, in 2017 price was  high but now again it has started to rise I am sure it will be the same till the end of 2019, now recently price has started to rise, recent price is almost 5k dollar let’s see price goes higher or not, but according to my point of view price will go above 5 dollar.

Actually it can be true. i have seen many crypto trade experts claim it. even i remember a twitter post recently from peter brandt that he was also saying that bitcoin is going to move very similar to previous bull raise.
i hope all of them say the truth and we wont be disappointed in the future.  :)

I hope that bitcoin is bitcoin the same path just like the year of 2017 because it means that we are in the making of a huge bull run because back in 2017, the price soar high up to $20,000 for each bitcoin which is a super huge price jump from just below $10,000. Just keep buying bitcoin and holding them and just wait for another wave of huge leap for the price.

$ 20,000 for this year I think is a heavy target. Bitcoin prices above $ 10000, is enough for me, and will continue for next year to break the $ 20,000 mark. at least this year can reduce our burden from bearish trend pressures

At first I thought, "How did I miss it?!" But nope, I didn't miss anything. Bitcoin was $4,150 at 00:09 UTC on April 2 and then it was $4,794 at 00:24 UTC on Apr 3.

(4,794 - 4,150) : 4,150 = 0.15515

You can check it yourself, Bitcoin was never above $5,000 on April 2, and the max it gained in April during a 24 hours period, regardless of the date, was 15.5%.

I think you used a clickbait article as the source of your information, but no worries, it happens to me all the time too. :)

Same with mine too.I still can't tell if this year's market growth will just repeat what 2017 had happened.I see the market is gaining a good price increase every now and then.Though it's only a little price increase but the market price is growing healthier.But i still hope that at the end of this year,we will reach another ATH same with 2017.

We dont know yet if the bitcoin was going to follow the same path in past year 2017.
In this year the bitcoin are now smoothly increasing the price in the market and ill think some of the coins also will be follow on it.

Its not really bad if we keep following historical data trend from the past years, because it has resemblance from the past 9 years, the graph shows resemblance every 3 years. Yet, I doubt for another ATH this year, that was unprecedented and I think it wont happen around this year or next again.

By the way, talking about Lambo. Go try your luck in wagering contest.
Heres the link :  https://bitcointalk.org/index.php?topic=320959.msg50713560#msg50713560 (https://bitcointalk.org/index.php?topic=320959.msg50713560#msg50713560)

When viewed from the movement of the graph a little similar, but not necessarily true and that is only a prediction that is not necessarily the truth and only good hope that we want is that bitcoin continues to rise to achieve high prices.
and I hope that this year Bitcoin will reach $ 10,000 + because some of the bitcoins I have at that time were around $ 10,000 + more and I still hold it up to now and hope to continue to rise above the price I had before.

I am really not sure, but I don’t think that means that the same thing is going to repeat itself or is it? And of course, I would really love to see the price of Bitcoin go up cause it’s been long I have invested money in it and I have been expecting a Bull run to start since then and I haven’t seen any.

I believe once bitcoin reaches $6500 levels and sustaining there for sometimes, we can be sure about that we are simply following recovery phase until I am just afraid of "bulls trap".

I think its following the same path of 2017, and it will bring a new all time highs. Now that it gain a widespread popularity, not even to the 2017 and prior investors but also to the upcoming young investors. We can be optimistic and put some positive sentiments to Bitcoin, we might be surprise the other financial institution will follow suit as well.

History repeat itself, that's what I believed but having a new ATH won't happen in the same month. Although we are still in 2nd quarter and lot of things could happen. I guess 2019 is too early to record a new ATH and there's no major news that could result into massive increase. For me, ATH will be recorded after halving.

The behavior of Bitcoin 2019 is similar to the behavior of Bitcoin 2017. Only the numbers are different.
Of course, one cannot say that it will grow to $ 20000 and higher, but we all hope so.

With high hope, the current movement is giving all the traders and investors a good glimpse of potential things to happen, the road to jumped high is nearly approaching and giving supporters some ideas on how to react with this trend, reaching the last time high might be difficult as there's no big reasons but next year's halving can be considered as a good basis to bring hope for what we expect the next bull run.

There are some similarities with 2017 in that this year has shown a gradual rise in the price of bitcoin that is accelerating somewhat, but 2017 was propelled by the ICO boom in large part. In order to replicate 2017, we will need major catalysts, which certainly can happen. One possibility is a breakthrough in the Lightning Network or Bakkt launching, or both.

experts are expecting that second half of 2019 there will be better movement in bitcoin as a result 2020 will be better year for people associated with bitcoin.price will rise again but i don't think there will be hype like before.it is just a prediction so all we need to wait with patience to see how well bitcoin will interact in this year and next year.

According to the chart, this is not true. In 2017, there were no sharp declines before strong growth in the long term. This may be a new scenario with many different small stories going on. Bitcoin will increase and decrease continuously before the Accelerating Scenario begins to premiere before everyone. Become the audience and enjoy this movie.

  As the market phase has shown gradual growth, we can visionize the possible outcome by this 2019. Let's just keep positive and hopeful for whatever path will bitcoin may take this year, as we are aware for every consequences we have penetrated. But we should not be attached and expect too much on how the current scenario surpass beyond bear trend.

I believe it is more like 2015 where the 1st year of the stated 4 year cycle started.  We see that 4 year cycle period consist of 3 years bullish trend and a year of bear market ( where the 1st year follows a bear market,) In this case, 2019 just followed a bear market so we can compare it to the year of 2015.


Every event is unique, though they have similarites, there is always some points that differentiate it to others.  But one thing I am sure, I agree with you that the current trend is not the same as 2017 trend.

I don't really think so. It is best we don't judge things based on what happened in the past. It might seem like it is following the same movement but things might reach some level and it will change and it will follow a different direction. And what I'm seeing this year is different from what I have seen in 2017. We don't know yet, but let's keep watching, I don't know what will happen next.

I think they only refer to the kind of rise we have this year.
When things like this happen, we tend to forget the times that bitcoin dropped because we are all excited to see this market fully recover.
2017 was a great year and we will never forget it until we have a new high of bitcoin, but a new high is achievable even at this year.

yes after the chart today and the breakdown of resistance, we will have something similar for next year, we expect a more stable market!

Bitcoin as a cryptocurrency is very volatile and we have seen this huge volatility affects its price way back in 2014 and 2017. This same cycle is happening again where we see bitcoin's value decrease and rise again. This is the time to invest into bitcoin and hold it till another all time high. Bitcoin is strong and will never die.

2017 is the best year for bitcoin, and the present growth pattern resembles the same as 2017. To what extent it is getting coincidence is not known, but same as that the price moves were happening. By that time I remember that the forum is full of predictions about $8000-$10000, and the market provided with a much bigger level of growth. This time too it looks same, and lets wait for the year end to experience the reality.

Hasn't volatility been affecting price ever since people started assigning monetary value to Bitcoin? I mean, we're talking about 5,000 BTC for Pizza to now 30,000,000 dollars in less than 10 years. So it's not just about years, it's just periods in between, of course the value rises and falls again and again. That's how markets work, duh?

The price fall is just normal, it makes the market stronger and the way I see it what is happening now is a recovery and because it recovers
it will gain attraction from investors again as they will be more confident this time around. The pump and dump scenario in the market is now new but eventually the volatility rate will reduce as we see adoption improves.

Every year there will be a trend of its own and this year I don't think it will follow in 2017 whether there will be a big increase at the end of the year or in the middle we will not know clearly the hope for a market change will occur later

Only I think there is a big difference between Bitcoin market and, say, stock market. Are there examples of companies that survived a 80% decline? I don't think there are many of them, and even if we can find one or two they are exceptions from the main rule. In the crypto market, however, there are many of such examples. I think that shows that Bitcoin is a very strong asset, and thus we have all the reasons to believe that BTC will surpass its ATH again in the future.

If bitcoin is following the same path of 2017 then there's bad with it. We cannot see the future movement of the bitcoin price if it follows the path of 2017 or not because the price of bitcoin is not stable. I saw some articles saying that bitcoin will go back to it's 2017 ATH tgis year then I also saw some price analyst spreading this kind of news that bitcoin will break it's all time high. Be positive and bitcoin will make its way.

It follows the same path it shows how bitcoin is volatile in nature and how 1 bad news can affect the price of bitcoin and the feelings of holders that force them to sell due to one negative publicity. Now the bull lost its momentum and we need to hope that volume will start picking up soon.

That's quite true though when we have seen the price of bitcoin gone so down that people would think it's never going to rise anymore and then boom we are hitting $19500. This was the trend that happened back within 2014-2017. I predict that we could also see such a trend from the period of 2018-2020 so it is likely possible to see the market fully at an all time high in the year 2020.

What is an 80% decline exactly?

And what are its causes? If the whole stock market crashes (just like cryptocurrencies), then it means nothing as it doesn't affect the company directly (apart from the economic disaster itself). In fact, it can be a good day to buy the stock of this company (according to Warren Buffett and his idea of investing in undervalued stocks). On the other hand, if this decline is due to some inner problems, then it may be hard indeed to overcome

I am sure that no one knows about the future of Bitcoin, even if we speak about the period of several months. Suppose, it will not repeat its 2017 path as the hype is over, but it will grow.

If the bitcoin follow the same cycle of 4 years, then bitcoin should follow the below trends and bull run will be in year 2021 December.

2019--->2015
2020--->2016
2021--->2017

Maybe now I can only hope that it can happen and the increase will come soon. It doesn't need to be exactly like 2017, it's just that the market needs an increase that promises to attract the attention of more new investors popping up.

Curve is similar, but numbers are different. In 2017 bitcoin started its way up from $1,000, this year bitcoin started with close to $4,000 price. Another interesting thing is that bitcoin made that rise in just couple months, I want to say its not impossible for bitcoin to do the same, definitely we saw similar rises and we know that bitcoin is capable for doing big things.
What ever happen will happen in last quarter of this year, use this time now to accumulate more satoshis.

I see it from the perspective of Bitcoin favouring "odd years" and I have consistently maintained this disposition since 2018. 2017 was an odd year, 2019 is also one. However, let me quickly add that we may not likely get the same surprising hype and leap the crypto world got in 2017 but we shall get something far better than what we had in 2016 and 2018. This time, shitcoins may not survive but Bitcoin will soar.

---

2021 is also another  odd year.

If now the cryptocurrency is also slowly increasing in price, as it was in 2017, this does not mean that at the end of the year it will also sharply increase in price. At the end of 2017, bitcoin was raised in price artificially or a rush arose spontaneously, due to various random reasons. This year this will not be. Investors are not yet showing the same activity and are not ready for similar actions.

Current price chart is not showing us the same price path of 2017, but still I really trust that it will follow the process for increasing the price and I know 2021 will be good year for making profit, we will repeat 2017 in 2020 only if the haling will happen, when price become stable for some time, but then it will increase higher with passage of time same as 2017.

I actually agree with your analysis on the current market movement of Bitcoin though it could be that the rate at which move in 2017 could not be the same this year because there are so many people who are still yet to recover from the negative impact they experience in the year 2017.

It's good if this year will be the same in the past year 2017 for bitcoin. So far bitcoin moving up slowly but it is a good sign that bitcoin will take another path to success and continuesly become a strong currency inside the crypto world.

On the year 2017 the price of bitcoin start verry small and it only pumped up in the middle of third quarter up to the final quarter of that year while on this year we can see that bitcoin is already at a higher price and we are only at the second quarter of the year  therfor i dont really agree that we are following the path of the year 2017 and one more thing  . its also too early to say that we are following the trend of the year 2017 because there are still many possibilities that may occur .  what if there will be no bull this year ?

It is very hard to think back the year, if it is gonna happen as 2017 then most of the users will profit good.. Importantly users who regretted or missed the chance of earning big by the days of 2017 expecting big profiting and missed the opportunity will be observing the market better and profits at the right time.

The year of bitcoin always surprises. like now when 2019 will certainly create new things and we see that currently there is an IEO Projeck that is very profitable because it still benefits many investors ,and regarding the price, it can't be confirmed whether it can follow the flow or not

Well IEO boom brings fresh money in the cryptocurrency economy and its helping in price valuation of each BTC, Since people buy BTC to buy BNB Coins and overall this is a healthy for the whole cryptocurrency market.

Every year there are trends each and in my opinion currently 2019 with the end of Q1 The upward trend of the market has been seen and we can still see that the market will develop further. but the obvious groove I don't think will be the same. because of course every year there will be changes in the market flow and also the investment trend this year.

I think bitcoin doesn't follow its path in 2017, and I'm not sure whether bitcoin will be high in December, and bitcoin still needs more time for it, my estimate is that bitcoin will rise in 2020 or 2021.

I disagree. I think it's just trying to recover a good position in this year. It is still hard for bitcoin to reach even $20k by the end of the year. This year is just a way to exercise the mind of people who lost their faith on btc or skeptic to see that it will rise and will always will as the time goes by. I see more chances of breaking ath on 2020 with the help of the next halving.

His name is also a prediction, which can be true or even wrong. if you look at the graphics, you certainly cannot be sure that you will be equal to 2017, so also I am not sure that you will increase 2020 or 2021 like the opinion above. now if you see bitcoin it seems like you want to climb, but will it happen the same as 2017 !! no one can be sure but as someone who is involved in crypto clearly wants bitcoin to climb up to the best price, because it is my dream.

Yes, now it is completely trend of the IEO but some potential are closely watching the companies profile before listing as an IEO, so it is good to participate in the IEO and we can hold them for some in order to get more reputable in the market. Slightly the price of bitcoin is also kept increasing which makes us participate in the IEO.

With new ways of investment, new investors are flowing back to crypto and with bitcoin being the main crypto it's gaining lots of investment and
the bull it's making its way up, we are seeing similar path way back around 2017 when many people begins to invest with hyip and ponzi business
who uses bitcoin as main investment currency, the difference right now, after that incidence people/investors learned how to research to avoid
or at least to lessen the chances being scammed.

Well, OP just stated probability and of course if it did will going to happen we will be all happy. Bull run means good profit. I.do.not think that you do not like to have a bull run in the near future.

So, if bull run will not going to.take place this year then that would still be alright as long as the market recovers and has a good market price for every crypto that includes the number 1 crypto which is the bitcoin.

Might be it can just happen this year where we see some good rise in prices and help us to make some good profits as well for those who have held btc for long time or had bough at the lower level. Definitely it has to be a better year than 2018.

2017 will be never repeated. People are different. Now, they are more skeptical and practical. Even if bulls come, they will not push Bitcoin to reach 20 thousand. It will simply grow a bit.

Of course, the events of 2017 in the cryptocurrency can not be repeated this year. The situation has changed, people have changed and their attitude to cryptocurrency. They have become wiser, as they have experience of increasing the price of Bitcoin to $ 20,000 and have experienced the consequences of its further price decline by more than 70 percent and the longest period of the bear market. Therefore, I believe that this year Bitcoin and the entire cryptocurrency will grow more moderately and at the same time more often periodically go to correct its course.

right, it can be seen, when the price is increasing, it continues to decline or correction, there is no price that rises rally, in that sense, every time there is an increase, there are also traders who sell it, with various purposes

I'm not sure if people have become any wiser

Okay, now they know that Bitcoin can surge massively and plunge monumentally. And what does this knowledge give them? Will it prevent them from making the same mistakes over and over again? If you ask me, people are unlikely to change and their mistakes are unlikely to change either. It requires dramatic shifts in the mindset but that's a feat only a few are capable of as it takes tremendous conscious effort and awareness that most people simply lack. Long story short, things are going to repeat themselves as has been the case with any other market

The market trend in 2017 cannot be compared to this year. what happened this year is also very different from last 2017. the current increase in the bitcoin market is a big advantage and from this pattern there is no increase like 2017.

   If it would really repeat the path of bitcoin in 2017 we already would have sharply fast temps of growth.
For now everything is just began to grow as it seems and very slowly.

Btc might break 2017 high this year itself and has a long way to go as well considering the future growth and Forman’s is concerned which means that price will continue to move up the ladder and grow from their onwards .

Yes for sure the history is repeating itself and i do think bitcoin could reach a new high. This year definetly different compared to 2017, which i think bitcoin have a lot of development and also this years seems to be a year of adoption of blockchain which i think have a good impact to cryptocurrency.

If you are really believing and you can take the risk, the market can grow to what the last maximum height it went before, the current moment is giving investors and idea where to place thier money, Bitcoin being one of the best investment and individual can have will bring everything high again.

Trust in how you interpret the situation and bring good outcome to your investment.

It is really growing at a very fast pace and this is causing a lot of doubt for many investors. They were really caught in the trap of manipulation organizations in 2018 and I think this is a similar trap.
I do not recommend that you should not trade at this time. But trade in the best condition and always have risk prevention plans.

In 2017, the price of Bitcoin reached a historic high of $ 19,000. Now bitcoin is growing rapidly, many analysts argue that the price of bitcoin can once again reach the maximum that was in 2017.

That's easier said than done

Further, you say that many fell victim to the wild manipulations in 2018 (let's assume that for a moment). But what about 2017 then? Was that whole thing with Bitcoin surging to 20k within just 3 months not another grand manipulation, for example, due to Bitfinex issuing insane amounts of tethers 24/7 (and what not)? Or it actually was and it is okay since it doesn't really matter as only hard-wired permabears got crushed in the name of the bull back then (which sounds a bit oxymoronic to me but still)?

Did you know that since you made this post bitcoin has rise significantly? Bitcoin is serious in the uptrend now and I do follow op predictions and analysis that bitcoin is now  following the same price chart that happened in 2017. In 2020 I think it will be and explosive upward movement because of the halving.

I am seeing it, but I also see that this year we will have a better bull run compared to 2017.
Bigger volume is what we are seeing now, so probably with this volume building up, we might achieved a new ATH and altcoins will then follow and moon.

if for a larger volume than 2017, I don't think it will happen this year. but if the volume is greater than in 2018, I think it is very possible to happen at the end of this year. I hope that next year's volume can be achieved

It seems that the price of Bitcoin is moving the same way as in 2017, but it seems to me that now the growth is more cautious and slower. Apparently this is due to the fact that many investors are afraid of falling prices, as was the case throughout 2018.

but the way bitcoin is behaving now is slightly slower than compared to 2017. The graph from 2017 cannot be compared to the year 2019. There are still so many factors to consider why the phenomenon that happened way back 2017 is not conclusive that the same will happen this year. many have joined the bandwagon when they heard bitcoin brings easy money, they rode on the crypto waves that results in a high investment rate along with high value at the end of 2017. It can be theorized that the hype of 2019 can stimulate an imminent reversal of graphs dumping on late comers. we can never be confident on data that these graphs are showing. invest on your own risk.

actually, the potential for this year is also quite large, and enough potential to approach the price of ATH from bitcoin. we don't know what will happen at the end of the year, and when the price can't exceed ATH this year, at least the price will approach, and the new ATH can be reached in the new year.

looking at the present market price movement we can see one more massive bull run within a year or so this time we may see btc to 30000 dollars all the price movements are on the same equation like 2017

I look at the chart that you posted, but didnt find the arguments in your statement and on the chart. If by the current moment on the chart there would be a price of at least 10,000 dollars, then I could understand you, and so I disagree with you. It is likely that Bitcoin will continue to grow rapidly, but it may be that a flat will be established on the market for a while. No one can now say with confidence that a new bull market has arrived. Of course, there are all the prerequisites for this now, but who could have imagined in early May that by the beginning of June we will reach $ 9,000 for Bitcoin?

I agree, there is no need to force this year to exceed 2017, because the market runs naturally from demand and supply. at least with this year's price increase and forming an uptrend, it will give us a sense of calm

For me, everything differs this time. First of all, in comparison with 2017, when nobody could even suspect that Bitcoin would make such a jump, now, all guys are dreaming about it. It can be the main factor why this scenario will be not repeated.

At the moment of posting this was maybe true but at the moment i dont believe we are going to have such massive bull run.
there are several reasons behind it, first, is that at least partly , the bull run was supported by USDT manipulation.
Second, the upwards movement has been very fast in the past months and in my opinion in order to get another healthy and relatively  stable bulll run " step" we need to at least stabilize or have an correction.

Bitcoin is actually following the same path of 2015. If you zoom in enough you will notice that we are right now about end of 2015 and start of 2016. Quite some time until 2017. But trust me 2016 will be fun to.

Yes I also think like that when we see the development chart it clearly show it following the same way to develop and I think this time it will be more than that so we can wait for some time to achieve some good development after some.months.

I don't think we will need that anymore since Bitcoin just came out from the bearish trend and Bitcoin price is a good offer so far since we aren't below $7k now. And if you look at the price today it is starting to gain some momentum again to push a little bit for the bullish market. More months to come and we will finally gonna see the long-awaited bull run again.

Yes are some similarities between what happen on 2017 and now but still i think we are far away from what happen on 2017 and this year is possible to not see a new all time high price for bitcoin and also altcoins not show any potential sign of bull run.

as far as I know, every year crypto travel will experience a difference, even though the way it is done is the same as 2017, but the conditions that occur are quite different. because for 2017 the conditions can be said to be improving, while at this time the conditions are quite unsettling. because more and more fraud.

2017 cryptocurrency market especially improving without any drama like current condition.investors tempted without any worry they will banned from market.meanwhile current condition trying to improve after crashing more than 1 year.i am sure this improvement will be better than.

History repeats itself isn't it?

That would be great if that is true but we still don't know what might happen. It might take the same path but it will not end up the same way the price of Bitcoin gone like in 2017. There is a possibility and since we are talking about Bitcoin, it may even happen. As other Bitcoin investors say it, the price chart never lies.

in worst condition bitcoin and altcoin price could survive although its ever touch $4k few weeks ago.if it could maintain and struggling to break resistance , bitcoin will rise extremely and maybe back to ath.

We won't have a massive bull run. At the same time, a) the halvening that occurs next year is already having an effect and b) bitcoin is digital gold, so when the stock market falls, bitcoin does well.

Indeed, there is little in common with the movement of bitcoin this year with 2017 and there are only similarities which are not necessarily really the same, but I hope that what happens to Bitcoin in 2017 will happen again which has given the highest price and occurred at the end of the year.
and indeed it's time for bitcoin to rise from adversity after experiencing a very drastic decline for more than a year that happened last year.

in the middle of 2017, bitcoin began to experience a price leap, the same thing we can see today. but I think that's just an assumption, because there is no guarantee to match 2017, and the time needed can be faster or slower. we see until the end of this year

We hope the path in 2017 will be repeat and happen again for this year 2019 and I think it's having a high chance for the bull run.

Price of bitcoin now is getting higher and higher when the year 2019 started and the last month of 2nd quarter maybe we shoud break in again $10,000.

But better to don't depend on the but on 2017 maybe we should create a new a better path in 2019.

Many people who say about the flow of bitcoin fluctuations will resemble fluctuations in 2017, but I'm not too sure it will happen, or maybe this will be faster than fluctuations in 2017.

Well it just hit 9k. I have no idea how high it can go this year though I'm not holding my breath. It'll have to reach back to 20k for me to at least consider selling.  ;D

i cant compare it, but if that go true in this december i will be happy, everyone will be happy.
but if that only manipulated, or pump from some people, that need a lot money/energy to to that again or to reach new ATH.

That's right, it just hit $9k same as the predictions and we can't tell if it will continue to rise, was lucky to be able to buy btc when it dropped and $9k was already a good number but I jut hope it'll rise up to $20k. Regarding the trend it may somehow the same in 2017 at some point but I think we can't conclude yet, its just half way through
 2019 so hopefully this yea will be a little better.

I think that bitcoin's steps and trips are always different every year. because every year the development of bitcoin is always different, so management is also quite different from the situation in 2017.

The path to achieving the highest will indeed be the same as the low value and for now if we get $10k at the end of the second quarter, then of course the achievement will be higher than before because having a high value before bullish occurs it will be very promising the next increase will definitely soar very high.

The market moving up since from January and just like it happens last 2017 before it runs into the final bull run. It is quite to see that prices don't move faster as what it did in previous pumps but considering how it walks in the aisle from starting point(dip) until today, we can say that it almost be the same. Only it different from its prices but we can't figure it out this time since there are six months to go before the year ends.

All are hoping for that to happen since bitcoin has reached over $9000 this is absolutely a good news that bitcoin has a new ATH for this year. We had bearish last year and really a hard time thinking of it because many had suffered during that market and lot had happened that everyone had sold rather than hold. With this year we are hoping that bitcoin will reach a new milestone and copy what 2017 has brought us in crypto currency.

I honestly believe Bitcoin price will reach these 20k USD even before Christmas.. I, personally, don't like the way the price increased at 2017, that was too fast.. and the faster you climb the faster you fall, that's how things works.
For me the best way for BTC to reach that price is with a 2 to 3% increase per week, as I pointed in This Topic (https://bitcointalk.org/index.php?topic=5143924.msg51165499#msg51165499).
Please remember that these are just speculations but, so far, I only missed the price for the June/07. Today is June/16 and we have already reached the price I "predicted" to be at July/05 so, again, I believe the price is going a bit too fast.. it might drop a bit (these famous "corrections") but I still believe in its price to be over 20k by the end of this year

That's not impossible to happen, actually the opening of the year is more crucial as we are coming from a bad year, but here we are at the situation now where bitcoin is already bullish, I even expect that before the end of the 3rq quarter we will have a new ATH then.

Bitcoin might rise to as high as $10,000 this month, that's just a prediction but that's a big barrier or what we called psychological barrier, but when that price will be breach, bitcoin will continue to soar high.

many predict the price of Bitcoin will surge by the end of 2019, but who knows ??? only time will tell

Actually due to the halving from this next year there is a higher chance for Bitcoin price to get "#tothemoon".. but, again, these are just speculations as nobody can predict such a thing

Seeing bitcoin breaking it ATH price will be a very good news for the entire crypto community because most people have given up on bitcoin since the crash around Q1 of 2018, although it hurts to see people getting burnt during the dip but regardless of the trend bitcoin is moving now, I believe there's more to it in coming months.

I don't know, but what we are seeing is the 2013-2015 pattern. So we will see what's going to happen next. I believed that the next block halving is the catalyst for a massive growth in 2020-2021.

But for now we have to compare it to 2013-2015, I know that past performance is not a indication of future success but they are somewhat similar at this point.

Well, to some analysts, Bitcoin is following the same path as 2017. I see Bitcoin to be taking a different path which will yield something great of all time yet it will take much time and would not happen so fast as in 2017. 2019 is a true definition of the systematic movement or trend of a crypto market. Q1 started with resistance. Q2 started with recovery (gradual rise in price). Q3 will certainly continue the pace and Q4 will pave an obvious way if not hit the bull market.

some people know how bitcoin price at the end of year when look at halving momentum of 2016. it's only prediction can happen and some time unprediction.

It is senseless to wait for Bitcoin for 20 thousand this year. The task is to trade now, but only if you are a very skilled trader (not to make a mistake). Bitcoin nearest summer top (as I think) is 10 thousand.

So you are basically saying you don't believe BTC to reach over 10k USD this year.. in this case, in your opinion, how much would you say BTC price will be by the mid of the next year (halving)? (in you don't mind saying)
We are still at June and BTC price jamp from 3 to 9k USD already.. you really don't believe it can increase even more in the upcoming 6 months?

The price has reached from $3000-$9000 within the first two quarter of the year. Now we have two more quarters of the year which is the much important part of the year when it comes to cryptocurrency. The final quarter, and particularly the end days of the year used to provide good growth. This seems to be the reason for people to believe on a bull market that can grow to new ath.

It is good if bitcoin will mimicking its last ATH price. Well, we are just amidst of 2019 and many possible things might happen until the end of this year. What are my thoughts? It would be delightful for us who will invest in cryptocurrency. Take the time before bear market comes. I guarantee that we will not become frustrated even we enter our capital in 8k dollars. Because 20K dollars price is approaching again.

Yeah bitcoin now had made some pump up and I just recently check the market price on coinmarketcap.com to which it already gone to 9.3K USD per btc. This is one of the best market price for bitcoin on this year 2019 though this may vary depending on the exchange to which bitcoin was listed.

  We are witnessing the current market cap has shown gradual pump and it could be a good way for every investor to create an accurate speculation to have a great bull trend this year like what had happened last 2017. And I am hoping that its growth will continue to outcast bountifully.

Now that MPCX partnered with IBM I can see investors using AI trading earlier...

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?

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.

Not now but as you said bitcoin is getting expensive day by day so I am sure after few more weeks bitcoin will become more expensive than 2017, so more investments will take part in price to be higher. In 2018 price was down but now recently it has started to rise, I am sure till the end of 2019 price will continue rising, so hope for the best it can be more than 100k someday.

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

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.

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 guess its not , people rightnow are really knowing why buying bitcoin rather than just force buying without knowing anything than profit , so its different

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

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.

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.

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.

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.

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.

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.

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.

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 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.

Of course, it is Bitcoin’s demand and supply in the cryptocurrency market that will form a real price.  Each user of cryptocurrency in its own way can influence this process.  If today Bitcoin will continue to rise in price, then thoughtless actions can again derail the market, especially if someone wants to enrich themselves.

If it is following the same path that of 2017 then there is high possibility that it would crash again, so newbie investors have to be very careful in investing in it.

We aren't even in the 3rd quarter but bitcoin is now on the verge of $12k. Last time I saw it touch that price is I believe in the 4th quarter of 2017. It's really obvious that we will surpass the $20k all time high with this fast growth. I also hope that altcoins won't get left behind and do their own thing like 100x increase and it should happen in 2019 so I can still buy bitcoin before the halvening.

During the 3rd quarter of 2017, we had the forking of Bitcoin Cash and it pulled down Bitcoin by quite a bit. However by the fourth quarter, BTC was able to surge ahead and the BCH exchange rates declined. Also there was some negative news from China (banning of exchanges?) during July-August 2017. We are well past those times and I believe that a new ATH should be reached by the end of this year.

Agreed, by the 2017 market there is mutual growth with bitcoin as well altcoins. Now we don't experience a big growth with altcoins, other than very few number of top listed ones. Upon the same I believe the growth pattern is not exactly the one that took place by 2017. Probably I believe that the growth will be taken forward till the days of halving making a big change in the market.

with the current situation does not. I think investors are smarter and have sold early bitcoins at this stage of growth.
That action caused BTC's value to drop by more than $ 1,000 in an hour.
And with the chart above, it will continue to fall further in the near future. BTC's goal will be $ 10k5 in 3 weeks.

Why not? Although we can see the value of bitcoin has suddenly plummeted but we should know that bitcoin has sprinted for a short time, it has no rest or stop until it reaches the current prices, so this sudden decline is probably a rest, a stronger accumulation and return. The obvious sign is that we can see the value of bitcoin after a sudden drop, it still has strong resistance, and that is still maintaining in the moment that I am sharing with you, a very good base for me to believe that bitcoin will complete the road that it once achieved in 2017

There is a dump now but still good to have corrections before going too higher.But we need to understand that 2017 bull run begins later than now and ended at very last month of that year so people might think that now also will happen the same but there is no need for that to happen again following the same trend.

At the moment we are in the phase of correction that actually interrupted bull run. I can't say that I see some similarities with 2017, situation back then was quite different but it seems that every time price starts to go up people hope that 2017 scenario will repeat. There is still time that price goes over 15000$ but don't expect that this very moment, maybe in the last quarter of the year.

That's why bitcoin needs to rise like in 2017 so we will see a new all time high, when bitcoin rises, people think, this is it, this is the time.
We can't blame them, they are too optimistic because last year was a bad year that no one sees it coming.

We do not know what is gonna happen next from now on of bitcoin in the following years wether the bitcoin following the path from 2017 or not, for me the hype of bitcoin in the market it depends on the high demand from many investors.

I wonder what lesson for investors are you talking about in connection with a price increase of up to $ 20,000 in December 2017? That you should not buy bitcoin when it is already decently rising in price? Then how can Bitcoin generally rise in price, say, at least up to one hundred thousand dollars if investors are afraid to invest in it when it starts to rise above $ 20,000? After all, if investors do not buy it after this price, then it will not be able to grow further. I have long debated on this topic, including for this reason, it is unlikely that Bitcoin will be able to rise in price to at least $ 50,000. Panic and fear for your invested money will always occur.

I find that the long-term trends on the price charts become a lot more apparent when you use the log scale. The big price rises we've seen in the past mean that using a linear scale, you can only really see recent activity as old history is smeared to a flat line.
But with a logarithmic scale, I think it becomes clearer. Make your own assessment, but to me it looks like we should see a big rise within the next year or so. I appreciate it gets tougher to add new money once the cap reaches a certain level, but a multi-trillion dollar market does look within reach.

https://i.imgur.com/q6WPe91.png

We can already say that 2019 will not be similar to 2017 in terms of the growth rate of cryptocurrency prices. In October 2017, Bitcoin was already growing, and not standing in one place, as it is now. So far, it’s rather difficult to predict what he will do in the near future. Some predict its further decline to $ 7,000, after which it will be able to rise in price. However, I think that there may be no further fall. He stood still too long to continue to fall again.

I agree with your opinion. bitcoin is preparing to do a similar move like in 2017. But not only bitcoin, i think that soon we will see the upward movement of altcoins. The main reasons why I think so: market cycle is completed, bitcoin halving in may 2019, litecoin halving and global crisis expectation in the world. All these reasons will blow the cryptocurrency market.

New people are coming, with bakt we are now open for institutional money. And believe that people who bought in 2017 hype are still here, waiting for price to rise. They know that selling at this price now is just losing money, at least the smart ones knows that. There are people who bought on top and sell on bottom, these people will always make mistakes with investing, we can't do anything to help them.
Take a look on this year and judge by the comments here, and headlines, people missed a great opportunity to buy at 3500 dollars, they waited price to rise and they waited and waited to buy over 10k, right after that price dropped. Some people will lose no matter what.

Newcomers will be adding the run if more of them will be attract and start joining the ride. Following the market trend way back 2017 is still achievable
only if same behaviors will be shown coming from investors. Supplies and demands with positive investors to continue working inside the market will
bring back the bull to it's strong position.

We are going to see BTC down below 5k before the end of this year, a substantial and sustained bull run can only be expected from May 2020 going onwards. BTC has a cycle, yes but the coming in of institutional investments means that changes will only be more gradual not dramatic as before as institutional investors tend to be more cautious and very calculative before making moves.

I hope this will come true and the rise of bitcoin and other coins is the desire of everyone, and I do not understand the assessment or prediction of news about the movement of bitcoin on the graph is always equated with 2017 and this news also occurred at the end of 2018 and that reality is not true. ;D ???

remember bitcoin was back at $ 12,600 USD last June, and tried to break resistance but failed,
now you can see it down to $ 8000, but thankfully bitcoin won't be less than $ 7000, I don't know if according to BTC analysis techniques it can be up to $ 16,000  :o ???

Will be bitcoin following the same path of 2017, last 2017 on this month bitcoin look stronger and have higher price about above $10k and keep raising up until November 2017 where raise the higher price to $15K, I am happy if bitcoin following the same path with 2017 and bitcoin back to higher price following by altcoin.

Clearly we are not seeing the same pattern in 2017. we can check its chart https://coinmarketcap.com/currencies/bitcoin/#charts.. and we will see how BTC struggles, in case it will rise this year, 15K would be the maximum IMO, but we are not going to have a new ATH like what we did last 2017.

In any case, you first need to wait for the halving, I’m sure that before and after there will be very interesting movements.
Logically, the price should go down to halving and soar to the top in front of the halving itself.
Then there will be a decline after halving, and a year later, probably, Bitcoin will go to ATH.

Correct, there is always perfect timing for everything, I don't think that this year we will have same scenario as to the year 2017 where everyone is happy.

But, still we just need to wait for the halving and we will have smile in our face again, for not, let's be conservative in investing if we don't want to lose too much, to avoid panic unless we don't need much money. Yes, I am also waiting for the year 2021 what could be possibly happen to bitcoin's price.

Well it can be looked like the same but the trader now is different from that year. But that is still a good news to everyone knowing that it has a chance to be repeat. If bitcoin every increases this year for sure there will be so much different from the other run last year. Many people are waiting so it should explode when the right time comes. I just hope that I have enough bitcoin on my wallet.
Last one, way back 2017 there is actually no downs so I guess it can't be the same.

This might look as a same pattern but don't forget that at the end the same scenario doesn't need to happen. Don't make analisys and decisions based on only one source of information or one pattern and not the most favourable one. At the end you might get very disappointed.

Possible bitcoin will replace the same path in October 2017 where be in higher price about $15k, but SEC have reject bitcoin document publish and have little worried with investor trust or not bitcoin can replace with path on October 2017, because still right now bitcoin price under $10k and look not have way will growing up to higher price.

we as investors really need to be good at reading cycles or charts of investment developments with crypto currencies because it is very important if we predict future developments I think it is very difficult because we know the nature and risks of investing in crypto currencies one of which we cannot know for certain future development

The path in 2017 is different and I think we will not follow that anymore since that time, everything was just a hype that's why we suffer from a long correction after the year 2017 and the market is still struggling until now. Although the hype is still possible but we haven't find anything that would boost this market again to cause a bull run, for now, its still going sideways but good thing at least bitcoin is improving.

Yes, every approaching the end of the year is always linked in predictions there are similarities with 2017, although the hype might be but not always true and the same as what happened in 2019 predicted similarities with 2017.

and in my opinion the current increase in Bitcoin is because there is good news from several countries and one of them is from China to implement a blockchain in their country, even though it has nothing to do with bitcoin but is affecting the movement of bitcoin, and hopefully this is a good start for bitcoin or cryptoqurrency and will increase significantly.
and but I also hope that the increase in 2017 will be repeated this year or 2020 and more than 2017 prices.

If you look at the chart, trend might not look similar but it is bullish.
But the main thing to notice is the volume. Look at the 24 hr volume. It is gaining momentum and is in uptrend since the year start which is a really good sign if you combine it with the trend. Price went up to $13k and with a healthy correction, the price is back to $9k. Volume has been in constant increase during all that. I expect an easy jump to $20k from here by the year end.

we hope at end of year bitcoin price could reach best price ,although not at highest price ever.techincally and fundamentally ,everything support this movement.if there is new trigger again ,especially from china ,bitcoin will able to drive again .20k will  possible to happen if we see many good news .bakkt ,china news and we wait more to support crypto market

Bitcoin is not following the same path of 2017 because bitcoin still did not reach it's price up to $10,000 in this month of October, but bitcoin sill increasing it's price that it stays to $9,000 and up. Bitcoin is still waking it's price from the downturn, so i think bitcoin could experience halving in the starting year of 2020 and in the year of 2021 bitcoin could go to moon again.

For me, yes, I have been seeing this kind of behavior of bitcoin and hoping that bitcoin will break its history again. But the difference is the people will enter to bitcoin; we know that when the bitcoin's price reaches at 18k and above many ppl get the hook and buy bitcoin without any knowledge about it. But I'm sure that those ppl that buy at 18k will truly comeback and waiting for the sufficient amount for them. :)

I really hope that by the end of thia year bitcoin will skyrocket again like last 2017. This was great for those people who hold and waited the price pump since its first dump. Many believers are holding their bitcoins hoping that someday its price will increase and have a potentially big profit. While analyzing the table, I think that there is a big chance that by the end of this year we will all celebrating.

For me it's okay if not yet, as I am not ready for the next bull run as I am not filling my bags yet, I just have some but still not enough for me. But, as per experts it may not be the year for next bull run, let's wait for the next halving next year as we are expecting new all time high in price at that time.

Anyway, let's not expect too much but at least fill out bags so we can all benefit on it.

We are all hoping that the price will have an all time high by the end of the year but looking at the current price, I kinda doubt it, it’s like a month more before the year ends and we are still at a $9,100 mark which is not half yet of the speculated all time high of $20k. I think we will have to wait a little bit longer before the price will skyrocket again.

yes, I also doubt if this year will be like in 2017, now 2019 has only 2 months left. but I salute the post above, with the above speculation shows that we all expect higher prices and it will make a sense of optimism for others. indeed at this time what we need is to build strong beliefs so that we are not pessimistic about the current situation. We know that hope is still not fully fulfilled, but we must remain patient and be confident that tomorrow will definitely make us happy.

Bitcoin tend to rise to in the end of year and within last few weeks it has shown good change. There is no doubt that bitcoin will be gaining good value by the end of this year. We still have two months with us and if bitcoin has its mind to set new target, it can achieve that within days. So now is the time to buy more bitcoin or it might not be available at such low rates ever again. Dips should not be ignored.

I agree with you, bitcoin in that year reaches $14,000 . It is quite too far from this month Novermber, it is almost a half of it. I cant say that bitcoin will go ATH again this year, if bitcoin continues to grow from this month a +$1000 growth per month I think it will be by March next year or maybe 2nd quarter of the year if no recession, halving or any news will comes out that can hinder the pump of bitcoin.