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Author Topic: Will 2017/2018 Bullrun repeat in 2021?  (Read 808 times)
kentrolla
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October 29, 2020, 02:42:07 PM
 #81

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

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dobol
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October 29, 2020, 03:24:25 PM
 #82

Yes, im optimistic and positive that the 2017 - 2018 bullrun will repeat itself nexf year because more and more big companies will enter into cryptocurrency just what like paypal did.
This is also one of the some factors, ofcourse big company that join with bitcoin and another crypto will be huge boost for the bull run. i think we can expect more longer bull trend from 2021 than from 2017

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October 29, 2020, 08:52:52 PM
 #83

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

All in all sure it could go up, it could have a hype, it could be $20k or even $30k, but just because 2017 had a big increase and just because 2021 has one, it won't mean that they are the same thing, it wouldn't even be remotely similar, it is only both of them going up and that's it, this doesn't make them repeats.
The key in here in order to reach what we gonna think is to give support. Thinking about history repeat itself has nowhere a chance to happen especially in this kind of market where everything is unpredictable. The up and down scheme had to keep happening but definitely, this is not the thing we meant for.

Anyway, it is not important if we gonna be bullish or not, the only thing we ask for is to sustain the current position that we have now. We are looking for a possible huge increase in this last quarter despite COVID-19. We have this adoption, the massive growth of crypto users, this helps in the preparation for the next year and may that ATH has to arrive.
Much preferable if the said growth that we would take is gaining from organic adoption which do result into somewhat stabilized price which cant really be dumped down to easily
just like on what we had saw in the past where price did crash from 20k to 3k.It might sounds impossible due to possible manipulation yet there are lots of whales which are capable
on doing things but since the adoption is much more higher compared back into those previous couple of years then i do presume out that this price might be holding up
even stronger where we might not able to see those low level numbers again but nothing is assured as we say yet market had been always unpredictable.It can crash with a snap
and on the question about on that previous bull run would happen on 2021?no one knows neither yes or no.

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October 30, 2020, 02:46:01 AM
 #84

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

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Wulan_maniez
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October 30, 2020, 03:03:22 AM
 #85

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

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October 30, 2020, 12:43:16 PM
 #86

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

turn the page
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October 30, 2020, 03:25:33 PM
 #87

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

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

It would be impossible in my mind, sure technically possible but there is no way in hell people would buy all the way up to 260k per bitcoin. This is why 2021 will be decent and good, I still invest into bitcoin, I believe the future is crypto, yet even I do not think that the bull run could ever be similar to 2017 ever again.
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October 30, 2020, 03:38:00 PM
 #88

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