Eth bullrun on next BTC ATH?

[o48o]

It has felt so much like 2016 again, psychologically and marketwise that made me look at the charts back when everyone was waiting for btc go back to 1k.

If you measure the ETH price in BTC (like you should) and the history repeats itself, we should see a decline in ethbtc price until the BTC ATH, and after that a a start of a mind blowing bullrun:




I am pretty sure that this have been pointed out in somewhere (maybe in tradingview at least) but i didn't find anything to citate, but if you find any. I'll be happy to put them on sources, because i can't take credit for such obvious findings.

[caffu chino]

The question is when will BTC return to ATH? or is there still another chance?

if not, wouldn't ethereum not be bull?

I don't agree with relying on repetition. the market isn't that simple

[o48o]

The question is when will BTC return to ATH? or is there still another chance?

if not, wouldn't ethereum not be bull?

I don't agree with relying on repetition. the market isn't that simple

The whole technical analysis is basically based on repetation, or finding the patterns that repeat themselves. Otherwise there wouldn't be concepts like cup & handle.

[livingfree]

What a lovely chart, I feel sluggish right now after we've turned down from $3k to $13k and now we're stable back to $10k. I didn't observed until you have observed and said that we're on the same move as 2016.

I still remember those days that I'm very unsure with my decisions whether to sell or not. But I'm willing to wait for more until another all time high comes again. It's a sure thing that eth will also take off whenever btc does.

[ahmadakbari]

If BTC price cycles continue, then the return to ATH will be in 2020. And the culmination of the big bull run will be in 2021. But will ETH repeat its story? In 2017, there was a lot of ICO, it was the fuel for the growth of Ethereum. What now, Ethereum 2.0? Unlikely.

I don't think the reason of that price rise was existence of ICOs. Because that time, Bitcoin, Litecoin, Ripple, Dash, etc all was rising. Also a same pattern existed on 2013.
2013, 2017 and likely 2021.
Ethereum 2 can be also effective on price rise. But we need a bull market for all coins.

[hulla]

The question is when will BTC return to ATH? or is there still another chance?

if not, wouldn't ethereum not be bull?

I don't agree with relying on repetition. the market isn't that simple

In crypto market repetition usually occur but it usually not simple as you said to figure that out sometime.
Speaking BTC return to ATH, there will repetition about when the real ATH of the bitcoin market will happen cause the real ATH always happen the next year when halving occur.
Ethereum will experience bull but will definitely follow the BTC trend and I think the reason why ETH was gaining to surge in price lately was because of the tokenize fund.

[Questat]

If BTC price cycles continue, then the return to ATH will be in 2020. And the culmination of the big bull run will be in 2021. But will ETH repeat its story? In 2017, there was a lot of ICO, it was the fuel for the growth of Ethereum. What now, Ethereum 2.0? Unlikely.

We didn't know if ICO will do great things again and turning back what they did last 2017. It all just be hopes cause ICO now is not really as great and can be trusted at this point. We indulge into IEO today but isn't a way that could help to drag ETH not unless if BTC will help this time.

Well, it has to think if the history repeats itself cause the market now looks so different than of before. If ever there is a chance that ETH will move high but I don't think that it will be that high as it happens last 2017.

[samcrypto]

The question is when will BTC return to ATH? or is there still another chance?

if not, wouldn't ethereum not be bull?

I don't agree with relying on repetition. the market isn't that simple

No answer on that question but the market always repeat the history at a different level and in time. If ETH moves better in the coming days then the history can happen again and that is good for the hodlers. The market will always aim for the high but no one can tell when and where it will happen.

[patz22]

I was actually surprised that ETH is not that affected and even made some increase even though for the past days BTC went down like hundreds of dollars. It is indeed a good sign! So what we need to do is to at least invest some and with ETH's development let see if it will hit the previous ATH.

[traderethereum]

I see many of my friends talk about the ethereum bull run that will happen in a short time, but I still doubt that it will happen quickly because the price needs a hard way to increase.
But ethereum can make us shock by making a fast pump that could come in anytime, and some of my friends already calculate what price they should buy.
I guess that could happen after bitcoin reach the highest price so ethereum and the other altcoin can follow to increase and I hope that the altcoin will also get a bull run like bitcoin.
Ethereum now has trying to break $200 and stay at that level price before it could increase higher.
Soon, if bitcoin can stay at a price now or increase higher, ethereum will start to rally.
But that is only a prediction we can make, and we don't know if that could happen or not.

[Hallmader]

At this point, ETH is a bit undervalued. And we cannot talk of ETH bull run for as long as BTC is still stuck below its 2019 highest price. BTC has to break its 2019 highest price first before it might finally climb straight to testing its ATH. All eyes are in BTC as of the moment. ETH will have to make way for BTC for the meantime. I have no problem with it. My ETH is always staying with me.

[hardcores]

I see many of my friends talk about the ethereum bull run that will happen in a short time, but I still doubt that it will happen quickly because the price needs a hard way to increase.
But ethereum can make us shock by making a fast pump that could come in anytime, and some of my friends already calculate what price they should buy.
I guess that could happen after bitcoin reach the highest price so ethereum and the other altcoin can follow to increase and I hope that the altcoin will also get a bull run like bitcoin.
Ethereum now has trying to break $200 and stay at that level price before it could increase higher.
Soon, if bitcoin can stay at a price now or increase higher, ethereum will start to rally.
But that is only a prediction we can make, and we don't know if that could happen or not.

Maybe you have a point. I myself am also still hesitant to increase prices. On one hand Ethereum can make a price pump shock.  I remember some time ago when Bitcoin rose but many Altcoins flushed in exchange except for one coin, Ethereum, from here I also worth if Ethereum itself has a strong bond with Bitcoin (maybe).

I think that ethereum prices will never be able to easily increase prices, ethereum still needs a lot of programs to make many investors interested again in ethereum, which I know at this time there is no good news from ethereum.

[adaseb]

I think what might happen instead is similiar to 2017, especially what happened in the year end.

Basically BTC was rallying and so were certain alts like ETH. BTC peaked in Dec 2017 and then in January 2018 altcoin like ETH and XRP went crazy. People were expecting $50K BTC and $2K ETH but what happened instead?

Everybody was buying BTC with fiat, then when BTC peaked at $20K they sold into alts like XRP and ETH, and then when those peaked, people sold into Tether or fiat and it lead to the 12 month bear market we had. Hopefully I am wrong and this won't happen again. But seems like people are getting out of BTC and into alts.

[JeffBrad12]

At this point, ETH is a bit undervalued. And we cannot talk of ETH bull run for as long as BTC is still stuck below its 2019 highest price. BTC has to break its 2019 highest price first before it might finally climb straight to testing its ATH. All eyes are in BTC as of the moment. ETH will have to make way for BTC for the meantime. I have no problem with it. My ETH is always staying with me.

That's why that makes sense to see the price of ethereum is increasing gradually again and we can see that right now in the market. it seems like something big will have happened with ethereum.
Im a bit surprising to see the price of ethereum is constantly growing again and im not aware about the new behind this big bull trend.
BTC will break at this moment and this is the time for ethereum.

[udidrone]

I think if the pattern is happen again, maybe on next pump people will have their own perspective. It will be good because people will know where Ethereum Price will go and then buy some or maybe for who already bought it will start to hold and not sell in cheap price. If a lot of people do that, it can be possible if price bitcoin and ethereum can be predicted again.

[slaman29]

Been such a long time since someone said this but I agree. I'm one of those who bought in at $400 but btc wise, I am equally unhappy as I made my losses there.

Alt-btc pairs are something to avoid completely during correctional phases, which is the mistake me and thousands of other newbies made I suppose. We all thought we were buying the dip but it ended up that we were only getting in on the way down.

Next BTC ATH will bring the entire alt a frenzy again, not just ETH, but yeah for sure ETH will be the first to benefit.

[o48o]

The whole technical analysis is basically based on repetation, or finding the patterns that repeat themselves. Otherwise there wouldn't be concepts like cup & handle.

Can you explain how is the concept of cup and handle? I just heard from you. I am also sure as the OP said that Ethereum prices will increase after prices Bitcoin reaches the latest ATH. I see the chart that he put is really very similar as in 2016 before ETH to the moon.

I am the "OP" so i know what i said, i was just answering to someone , and cup and handle is just a chart pattern example, i could have picked any. But here's the explanation for it:

Been such a long time since someone said this but I agree. I'm one of those who bought in at $400 but btc wise, I am equally unhappy as I made my losses there.

Alt-btc pairs are something to avoid completely during correctional phases, which is the mistake me and thousands of other newbies made I suppose. We all thought we were buying the dip but it ended up that we were only getting in on the way down.

Next BTC ATH will bring the entire alt a frenzy again, not just ETH, but yeah for sure ETH will be the first to benefit.

Yeah, naturally there will be a wide altcoin season as well. Last time when this phase where we are now happened, i was sure it was all over. This time i know it's not.

[Red-Apple]

you are only comparing pictures with each other while disregarding what was going on in the background.

in 2016 it was the mass smapvertisement of ETH all over the internet. there wasn't a day where i didn't receive a PM or Email or something on bitcointalk, reddit and a lot of other places telling me to buy this shitcoin. they spent literary millions to advertise their shitcoin.
then the ICO scam hype began which boasted their pumping power and led to the huge rises.

none of these things can ever be repeated. not this year nor any other year in the future. you can't use the same techniques to pump the same coin again!

what they will do however to pump their shitcoin is going to be the release of their new version (which doesn't really make any difference) then they pump it a little bit to try and revive the coin but it will be pumped soon after.

so far this year we have a >200% rise in bitcoin and that was the bull run. as you can see ETH and  a lot of other similar shitcoins dumped hard during the past 9 months that bitcoin has been bull running

[o48o]

you are only comparing pictures with each other while disregarding what was going on in the background.

in 2016 it was the mass smapvertisement of ETH all over the internet. there wasn't a day where i didn't receive a PM or Email or something on bitcointalk, reddit and a lot of other places telling me to buy this shitcoin. they spent literary millions to advertise their shitcoin.
then the ICO scam hype began which boasted their pumping power and led to the huge rises.

none of these things can ever be repeated. not this year nor any other year in the future. you can't use the same techniques to pump the same coin again!

what they will do however to pump their shitcoin is going to be the release of their new version (which doesn't really make any difference) then they pump it a little bit to try and revive the coin but it will be pumped soon after.

so far this year we have a >200% rise in bitcoin and that was the bull run. as you can see ETH and  a lot of other similar shitcoins dumped hard during the past 9 months that bitcoin has been bull running

I because i wasn't talking about FA. But while you are talking about background, why don't you talk about eth fundamentals then? Only thing i see you now criticizing is the spammy marketing and it being a shitcoin, nothing the developers or the developement. Funny thing is that i heard a lot about it being a major scam and shitcoin in 2016 as well.

[suzanne5223]

I was actually surprised that ETH is not that affected and even made some increase even though for the past days BTC went down like hundreds of dollars. It is indeed a good sign! So what we need to do is to at least invest some and with ETH's development let see if it will hit the previous ATH.

You shouldn't be surprised with the surge in the price of ETH because others altcoin with good utility and potentials also make some surge in price but the reason why BTC havent experience surge in price is because the market currently open windows for accumulation before the launch of Bakkt.