CAN WE STILL GET THE 2017 BULL IN THIS 2020?

[Jating]

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.

There could be a lot of factors why the price stop rising, and probably traders are just simply cashing it and taking their profit. But there is still a good indication that we can still go at least $15k before the end of the year.

Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

It could be different this time, in a positive way. Because obviously, we are going to target more than the last all time high of 2017. But it might take some time though and it couldn't be achieved in 2020 because of the current pandemic. However, 2021 could be different though and it could be the bull run similar or even greater than 2017.

[Beparanf]

I'm positive about the bull run for this year, but I'm not certain if we can have the bull just like it was in year 2017. Come to think of it, the bull run of 2017, wasn't just on the run, there were times when the value reduced and people had the opportunity to enter the market. This year may even supercede that of 2017, because I know that in this space, nothing is impossible.

It can increase more this year in price but don't expect it will be like in 2017, many were already aware that crypto exist now at the same time we're in Pandemic unlike in 2017 that BTC were just starting to be popular. Bit the chances that some investors were shifting some of their investment in crypto can cause some pump but not to the point that it will reach the 2017 ATH.

[TitanGEL]

I think many people have a wrong misconception when it comes to bull run because there are some who thinks that we are still not in the bull market. Majority of the potential cryptocurrencies nowadays are now making higher highs and higher lows where it is indicating that we are now in a bull market. The price is now also above of the Moving average 100 which considered as dynamic resistance. The decreasing of the price is normal and actually it is a good sign because the price is able to retrace in order to create another higher high.

You are wrong if you think a bull market is only about increasing, there is also a decreasing and it is important for a price to retest or make a bounce in order to continue the momentum. Remember that a certain cryptocurrency have specific momentum and this momentum is not unlimited so do not expect that the price will go up without retest or decreasing.

[Ginger Beef]

I think many people have a wrong misconception when it comes to bull run because there are some who thinks that we are still not in the bull market. Majority of the potential cryptocurrencies nowadays are now making higher highs and higher lows where it is indicating that we are now in a bull market. The price is now also above of the Moving average 100 which considered as dynamic resistance. The decreasing of the price is normal and actually it is a good sign because the price is able to retrace in order to create another higher high.

You are wrong if you think a bull market is only about increasing, there is also a decreasing and it is important for a price to retest or make a bounce in order to continue the momentum. Remember that a certain cryptocurrency have specific momentum and this momentum is not unlimited so do not expect that the price will go up without retest or decreasing.

^This

Bulls and bears don't go up or down in straight lines.  Most don't understand the concept of consolidation. The most useful TA indicator out there is TTM Squeeze.  

People are funny.  BTC retraces 2-3% from $12K - and all of a sudden their emotions convince them the "bull run is over".  Traders call that the herd.

[javainn]

we cannot have big hopes for a market that can be the same as in 2017 because conditions in 2017 and 2020 are very different. 2020 is like the year of many obstacles because where this could all crypto markets experience an increase but also quickly experience a decline, in contrast to 2017 where each coin has increased can last at least 6 months until 2018. this condition is different from 2017

[Ridwan Fauzi]

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

Although you asking to some who really expert into bitcoin or they have good analyst I bet they will answer with just his prediction, meaning they will not anwser with a certainty. There is no one who will know the market go, the market just fall and up depend on us and we depend on some regulation and anothe fundamental factor.

Something that you should ask to yourself is how much bitcoin and altcoin that you had until now to prepare the bull run market? That is really important comparing you ask when bull market come. Just prepare yourself, collect as much asset as you can. And don't forget, tell a good word to another people about cryptoncurrency, at least if we have a new investor we always have a hope for bull run market.

[reza7777]

falling? I think it is not a fall but a slight decline and it is common in the market, if it falls back to below $ 6k like a few months ago. anything can happen in crypto and maybe we can see prices like 2017 in this year or next year

[Eugenar]

To be honest, that is hard to determine. The price indeed increased in the past few weeks. Bitcoin's market value as an example have broke the resistance at $12k likewise with the alts. But since there are still four months to go, there are many things that might happen which can either be good to the market prices or not. Way back 2017, the bullrun started in the late month of September if I'm not mistaken so maybe it is just to early to conclude. The answer is simple. There is a possibility for the price to be bullish once again this year and there is also a possibility that it won't; we just don't know.

we cannot have big hopes for a market that can be the same as in 2017 because conditions in 2017 and 2020 are very different. 2020 is like the year of many obstacles because where this could all crypto markets experience an increase but also quickly experience a decline, in contrast to 2017 where each coin has increased can last at least 6 months until 2018. this condition is different from 2017

This simply explains how unpredictable the market is. Economies are facing problems and still the market price of cryptos still managed to go up. So yes, no one really knows how will this market behavior end for this year.

[Lizzylove1]

For me, this 2020 has been a better year than 2017. Bitcoin went to $3,500 and came up to $13,500. ETH hit about $80 or below and today we have seen $400+ and currently trading below $400. Coupled with some trending coins that have been doing some massive price movement. I am grateful for being alive and seeing this.

[SacriFries11]

falling? I think it is not a fall but a slight decline and it is common in the market, if it falls back to below $ 6k like a few months ago. anything can happen in crypto and maybe we can see prices like 2017 in this year or next year

Yes, I think its just a normal decline where bitcoin and other cryptocurrency slight full back on its increasing line. Its possible that the trend will be happening again but I think its a long way to go since the pandemic strike this 2020. This will be possible if the economy will get back to normal and the problems dealing with everyone will be resolve. We're lucky to be able to earn more bitcoin while the price is just too expensive. Its unpredictable, everything is possible. Major adoption and support are will need to happen if the bullish thing will be schedule again.

[Westfiled]

The same bullish trend has already come since crypto has already recovered a lot from its bottom position. The only make this bullrun looks different compared with the old bullrun caused by the majority of people and traders are putting their attention into the defi project. That means any defi project has been surging a lot.

[thesmallgod]

There is nothing to doubt the possibility of crypto especially bitcoin price reaching higher price just like in 2017 because we have some activities such as defi token, and many countries were given their citizen money to reduce the effect of the pandemic on a standard of living and housing which has been confirmed that many people are using it to buy bitcoin. However, cotinous increase in transaction fee might lower the bull run

[mr.smith]

There is nothing to doubt the possibility of crypto especially bitcoin price reaching higher price just like in 2017 because we have some activities such as defi token, and many countries were given their citizen money to reduce the effect of the pandemic on a standard of living and housing which has been confirmed that many people are using it to buy bitcoin. However, cotinous increase in transaction fee might lower the bull run

The transaction fee is a big concern, this is understandable because many people are now using Bitcoin but I doubt that it will have an impact or it will have a hinder for Bitcoin for another all-time high, not only Bitcoin all the other coins will also have their own all-time high and next year is a good time for another all time high.

[durilup]

If we watch to previous charts from 2012-2013 ; 2016-2017 we can say that might happen in 2021 but I think we must to wait few more months to see if there is a real bullish

[landoffaucets]

Crypto experienced the longest bear market in history, maybe because the bull run before it was the most profitable one. New inexperienced investors came to crypto without any knowledge, after first correction panic started, and then you know the story... I would like to say, that if a similar thing happens in 2020, then I am pretty sure that it wouldn´t be good for crypto long term. So what? We need to learn investors before they invest.

[aprilnot]

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

to get back to ATH requires a lot of strength. so it might take something big to trigger that. the question is what big things can make that happen. DeFi, ethereum 2.0 also can't trigger it. even the BTC halving that was believed to do so proved to be a failure. so maybe ATH won't happen any time soon

[target]

I think this is just a temporary fall since it will once again bounce. It's going to take its cycle and will temporarily go down when its overbought. A holder who thinks they are losing money will really panic to take profit. It just need more time to push the price up again. Crypto is getting mainstream already and once it happens more investors coming here to lift the price up to the next ATH.

[Silberman]

We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.

The only honest answer that I can give is that no one really knows when this is going to happen, obviously I hope that we see a bull market before the end of the year but we have no control over it and as such we must learn to endure and hold our coins to the best of our ability because once a bull market comes you not want to be out of the market, you want to have lots of coins and this is only possible by buying when everyone is scared and they are selling their coins for cheap.

[Kopetunto]

a tough question in my opinion, if 2020 is a great thing for cryptocurrencies, I'm sure the price of Bitcoin and other cryptocurrencies will also explode,
but we haven't seen a new all-time high in bitcoin, so it's still not visible

[viananda2525]

2020 will ended in 4 months again and it will be enough time to see bitcoin and altcoin price go to all time high on 2017, nothing impossible in cryptocurrency market. i am still remember only in few month bitcoin price extremely rally for several months and hit $19k as highest price ever. and it possible to repeated again in this year.