Bitcoin is following the same path of 2017

[19Nov16]

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.

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[Apes]

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.

[trickyriky]

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.

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.

[dunfida]

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.

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.

[whirlcoin]

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? Compare April-May 2017 to now and see what I'm talking about!

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.

[n0ne]

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.

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.

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.

[Sum24]

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.

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.

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.

[Odonko]

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.

[Leoeco]

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

[Cacingkemi]

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

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.

[Choyor]

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.

[IVEXO]

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

[bummm]

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.

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.

[Aryleeto]

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

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

[Hannahanto]

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.

[Spaffin]

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

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.

[Visbay]

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.

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.

[hahay]

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.

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.

[MalakEnay]

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.

[Gabteb]

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.