BTC: 2014 & 2018 comparison

[ukr2net]

BTC: 2014 & 2018 comparison with a line chart which brings another perspective.

https://i.imgur.com/ApYU0Ym.jpg

[ikealyou]

Seems that it is time to re-stock

[pundit]

Oh I did not analyse these chart ever, maybe because in 2014 I was not having any much idea about cryptocurrency so never had look on 2014 chart, thanks for bringing up this comparison, its seems that 2014 history will repeat in 2018 charts are looking so similar, I see current level of BTC as bottom, I am expecting a upmove from this level, good analysis.

[PhoenixEmpire]

This comparison indicates that BTC will not get back to 20K $ before 2021.

It is interesting how you look at it but I think BTC reverses sooner than the last time reasons being a lot of things have changed since then, like exchange hacks does not spread fear among-st  the investors right now, a lot more people now about bitcoin, institutions are getting into Bitcoin/Crypto.

And most importantly we have the word HODL now 

[LFC_Bitcoin]

This comparison indicates that BTC will not get back to 20K $ before 2021.

It is interesting how you look at it but I think BTC reverses sooner than the last time reasons being a lot of things have changed since then, like exchange hacks does not spread fear among-st  the investors right now, a lot more people now about bitcoin, institutions are getting into Bitcoin/Crypto.

And most importantly we have the word HODL now 

Halving in mid 2020. I expect $50,000 by mid 2021. Time to just HODL & be patient..

[MilesTZv]

It's probably just a coincidence. I don't think 2018 will be the same as 2014, because encryption is a different industry from a few years ago, and I'm sure the market will recover this year.

[marlouied04]

I think that it's just a coincidence. There's a big difference between them, like their values and their popularity. Bitcoin is more popular now than in the last 4 years.

[pixie85]

Seems that it is time to re-stock

It can still go a bit lower. As you can see there's quite a bit of space between the two lines on the chart. It can keep going down until it touches the bottom in a month or two.

I also think that we shouldn't compare both charts because the timelines of every bear market are different. If you compare all big rallies of Bitcoin the bear markets lasted longer each time.

[lizardbtc]

BTC: 2014 & 2018 comparison with a line chart which brings another perspective.

These scenarios are totally different. Meaning that before like the ONLY exchange where you could buy some bitcoin was mtGox and after it went down it caused the price to go down as well because really you had no other options where you could trade your bitcoin. Now there is variety of exchanges out there, if some exchange fall maybe it can have the impact on the price but not that much. Of course both of these were pumps and a bubble of some sort. But I just think it is different this time.

[NeuroticFish]

BTC: 2014 & 2018 comparison with a line chart which brings another perspective.

Bitcoin history is full of ups and downs. With enough skill you can find plenty of areas to show exactly what you want to show.
So imho this means a big fat nothing.

[Thirdspace]

if history repeats itself then it seems we are going to encounter bearish market
mostly sideway movements and hopefully slight increase before the end of year
so, bullish market (possibly) starts sometime next year... maybe around or after march/april 2019?

[kamoto]

Yes ... it's been 4 years ... it seems that even recently bitcoin was not worth and 1000 dollars. Well, as if in the future to watch the price of bitcoin grows and does it very well even. Most likely sooner or later the cost will be more than 20 thousand ... you just have to wait.

[Bloodseekers]

Seems that it is time to re-stock

If we see chart i agree with you, this time to buy bitcoin and hold it, i think this year that chart will repaeted again. so that it gives us profit by buying at the current price. Just suggest for OP maybe update about this, So we can used this thread as a reference.

Yes ... it's been 4 years ... it seems that even recently bitcoin was not worth and 1000 dollars. Well, as if in the future to watch the price of bitcoin grows and does it very well even. Most likely sooner or later the cost will be more than 20 thousand ... you just have to wait.

By the way, the price already reached about  $19,990 at 17 december 2017

[criptouser]

This comparison indicates that BTC will not get back to 20K $ before 2021.

It is interesting how you look at it but I think BTC reverses sooner than the last time reasons being a lot of things have changed since then, like exchange hacks does not spread fear among-st  the investors right now, a lot more people now about bitcoin, institutions are getting into Bitcoin/Crypto.

And most importantly we have the word HODL now 

Halving in mid 2020. I expect $50,000 by mid 2021. Time to just HODL & be patient..

I also heard about this result. and it seems to me that in 2019 there will be the same situation on the market as it is now.

[unorowest]

From the charts, it does seem to me that we will not be experiencing real and significant increase in the price of bitcoin until year 2019.

[gentlemand]

The only comparison worth getting worked up about is how much stronger BTC is as an idea compared to 2014. If you take that on board then your only worry is how long you have to wait before it takes off compared to back then when it still felt possible the whole thing was a flash in the pan that had stopped flashing.

Sooner would be nicer than later but some day people will be pleased they stuck around through the boring and down bits again.

[LeGaulois]

BTC: 2014 & 2018 comparison with a line chart which brings another perspective.

https://i.imgur.com/ApYU0Ym.jpg

If you zoom out/in you can find the same graph multiple times day. Between 2014 and 2018 a lot of things changed so there are several things to consider that can change completely any comparison.
Even reading Nostradamus prophecies you may find  predictions on the BTC price

[Rozita]

I personally believe that bitcoin price will finally rise. But I don't think such predictions work. I mean we cannot say what has happened before will happen again. There are many more important factors affect the market. But this diagram can make the investors hopeful. It shows that price recovery can happen even after a big correction and a new all time high can be achieved.

[bitcoin31]

2014 and 2018 have big comparison of bitcoin price 2014 that chart are increasing the value of the bitcoin but this year 2018 the chart or analysis they decreased already. I hope bitcoin will not dump the price  next month but better if we see pumping the value. 

[Yaunfitda]

Oh I did not analyse these chart ever, maybe because in 2014 I was not having any much idea about cryptocurrency so never had look on 2014 chart, thanks for bringing up this comparison, its seems that 2014 history will repeat in 2018 charts are looking so similar, I see current level of BTC as bottom, I am expecting a upmove from this level, good analysis.

Majority of us here doesn't know what crypto is back in 2014. I'm haven't checked the historical logs though, the last stop I did was 2016. But it like every 1 to 2 years we will have this bearish trend followed by a dramatic rise. So it history repeats itself we might see bitcoin going up next year.