Bitcoin is following the same path of 2017

[swordling143]

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.

[1715547690]

1715547690

[pinoycash]

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.

[tukagero]

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.

[Bdstar]

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.                   

[syamster]

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.

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.

[djsugar]

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.

[Wend]

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.

[zee11225]

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.                   

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.

[Betwrong]

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.

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.

[deisik]

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

[rysea2]

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.

[Best Dreams]

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

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.

[Mihaylovic]

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!

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. 

[Karmakid]

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.

[Xampeuu]

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

[Betwrong]

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

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.

[Finestream]

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.

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.

[Xetonica]

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.

[Oasisman]

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!

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

[bitzizzix]

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.