Will 2017/2018 Bullrun repeat in 2021?

[Wysi]

Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?

[jackg]

Could be either of those two...

We've got a year plus until bitcoin could see another peak if we're basing stuff off the past. We could be on a mini run due to institutions investing now too which could top out anywhere above here (I feel 12.5k at least should be reached before we drop but I'm very unsure on that... We could just stop at 11.8 or whatever we managed to reach before)..

[btc_angela]

Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?

Did you mean late 2016 to 2017 bull run? For comparison, we are still in the late 2016, and then when we enter 2021 that should be 2017's bull run, and as others have said, maybe history repeating itself again. Although the potential bull run in 2021 might be different though. Now we have institutional money, and then Grayscale and MicroStrategy and maybe other companies in the next coming funds fuelling the market to a bull run that we have never seen before.

[Fundamentals Of]

Some are saying the end of 2021 is a much much better time for those who persevered. They're may be right but we cannot tell for sure. But if we look at the circumstances surrounding Bitcoin, they're much more positive than ever. So it may indeed suggest what others are saying.

The fiat situation in the whole of 2020 is really really bad thanks to the pandemic and all and that could also be a cause for Bitcoin adoption to rise above what was initially foreseen. I am not saying yes to the question of course. But it is more possible than not.

[Furious 7]

In this speculation it cannot be ascertained whether a bullrun will occur in the future, even though it is already strong at $ 10,000, I still am not sure that in the current conditions there will be a high rise, of course the whales will control the market with unreasonable prices, meaning when it reaches a high price level. discarded and returned to 10k now that is also based on the fact before when bitcoin reached $ 14000

So I expect that to happen but we can only know in what time 2021 is right with the bullrun in 2017.

[pilosopotasyo]

Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?

So far the past halving did not failed us, I expect this last one will not fail us, I am hoping there will be no changes in history and we will be in another all time high next year, I love the tradition to continue, so far all the indications are here that we will have another one, the big sign that we should be positive is the market is still positive in the middle of the pandemic.

[Upgrade00]

No single factor influences a bull run and as such it is pretty difficult to predict when we would enter into it. There has been lots of bullish signals, such as development of the technology, institutional money coming into Bitcoin, public companies adopting Bitcoin as a reserve currency etc, the price however has not reacted to this much (or as much as most expect), we may be up from the value earlier this year, but  remained relatively stable for a while now above $10k barring regular changes within the +/-5% range.

Imo, the current green movement is not out of the current normal, I'll get more excited if it breaks the $12k support and possibly builds a new resistance above $10k.

[Febo]

Will 2017/2018 Bullrun repeat in 2021?

Most likely it will happen in 2022 and not in 2021. Some are even predicting 2023. I would say it mainly depends on next half year. How we will survive second covid wave and if there will be 3rd at all.

[Wysi]

Will 2017/2018 Bullrun repeat in 2021?

Most likely it will happen in 2022 and not in 2021. Some are even predicting 2023. I would say it mainly depends on next half year. How we will survive second covid wave and if there will be 3rd at all.

Well, that's truly logical as it also depends on the fact about how we control second wave of COVID as it has affected every single business but crypto has not been affected as bad as other business since crypto is digital. So next 6 months would be like a observation period for us and I would personally avoid huge transaction or purchase new coins atleast dust settles down.

[palle11]

2021 will be attractive to bitcoin, mass adoption has also occurred.

Hopefully it might be next year and my reason is that by that time covid-19 will likely have gone to the ground as the vaccine would have taken care of it and the investment in bitcoin will keep increasing.

[harizen]

Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

It's really interesting to see that a considered high price level before might now become a new bottom.

But that's my concern, with such price behaviour, I don't see any sign that can trigger the pull. More of, people are now more concerned about what happened before so they are now taking things slowly and not just will put money on buying bitcoin because of FOMO.

I'm more of the thinking that the current price level will be the same as next year, 2021. Crypto is not truly affected by the pandemic, at least, but to fuel the bull run, it needs more people (which is affected by the pandemic) putting money on bitcoin.

[Oasisman]

If we're talking about the 2017-ish bullrun, then I guess It's still early to tell which way we're heading. A lot of people were speculating about the 2021 bullrun, base on the post halving trend where Btc tends to reach new heights a year after the halving. I think that kind of hype still remains even amidst the pandemic. Though seeing the price remains at 5 digit might be a good indicator that Btc might have another run to reach new ATH.
I'm also looking forward for the effect of global mass recovery to cryptocurrency.

[Jating]

$10k will be the new $1k, I remember in 2017 wherein we haven't broke that range, but as soon as we get there, the price steadily climbing up, it's around Feb onwards if I'm not mistaken, but it was not a smooth sailing to the eventual building to $19k at the end of the year.

And comparing to the current price, at $10k, it's gonna be slow again, but if the imminent bull will go on 2021, the four year cycle will hold true, but it is not an assurance. Of course everyone will be excited and anything is possible, so the best thing to do is still accumulate and just be patience. More than twelve months to proved if our theory is correct or not.

[exstasie]

The bull run to a new ATH is coming. Just not sure if the fireworks (the late stage bubble) will start in 2021 or 2022. I have a theory that Bitcoin cycles are getting slower and slower, and feel that planning on a 4 year cycle is too predictable.

I would absolutely love to see PlanB get trolled and his stock-to-flow model invalidated shortly before Bitcoin goes parabolic.

[AliMan]

Is this the beginning of most awaited Bullrun which we have been expecting and speculating all these while? As there is been no major dumps and most of the altcoins are performing above average, Bitcoin has cemented it's spot above $10,000 with $10,000 being lower range which was really difficult to achieve all these years.

Kindly share your opinions whether this is an indication of bull run or else a trap wherein whales are trying to cashout at peak which might send one more shock waves across market?

There's no indication that bullrun will commence this year, only I am aware of is the recent price corrections. If you have noticed, we seen stabilized market these days and it doesn't mean we're confident enough to expect more than that. What we can do this time is to select the best choice of coins, hold and wait until such time it obtained a good value to satisfy your profit goals.

[LogitechMouse]

Re: Will 2017/2018 Bullrun repeat in 2021?

Many are hoping that "History repeat itself".
Many are hoping that next year will be the one of the most fruitful year of us Bitcoin holders.
Many are hoping that 2021 will be the year where we will see a new ATH.
And many are hoping that 2021 will be the start of the major bull run that we are waiting for.

But as always, anything can happen with the crypto market. Anything can happen. Possible that we will reach higher prices next year but on the other hand, possible that we will reach lower prices. All will be happy if Bitcoin in 2021 will be like the 2017 price but that happiness will turn into sadness in 2022 .

[adaseb]

Most people don't realise that it won't take alot of money to bring Bitcoin to a new all time high. The overall market cap of Bitcoin is actually very low. Currently we are sitting at $220 Billion. And stocks like Apple are valued at $2 Trillion. Now I understand that most people know what Apple is and most people don't know what bitcoin is so you can't compare the two. However it didn't take alot of buying in the last year or so to bring Apple's marketcap from $1 Trillion to $2 Trillion.

Basically it was FOMO. And the same can happen with Bitcoin and other alts like Ethereum. If there is Fomo and there is money to be made then everybody will buy it as fast as they can. Right now most of the money is being made in the stock markets, especially stock options. Look at all those wallstreetbet million kids who made 6-7 figures trading TSLA and AAPL options.

[maydna]

I tend to say that it is a little bull run because every time the price increases, the price will be back to the lower price in the next hour or day, and that is happening in many times. It is a good moment for us to buy and sell, but we need to analyze deeper to find the best time to enter the market. We don't know when the price will touch the lowest price before it bounces up again. But we can just buy bitcoin at the price that we think is the low price, and then we can hold it for a while. After that moment, the bitcoin price will be going up slowly to the high price, and who knows, by doing that, we will have a chance to see the price touch the highest price.

I am not sure if this situation will be one indicator for the whales to play with the market, but I know that if we can use this time for our benefits, we will make a profit. But if you are afraid to see the price up to and down, it is better not to trade and only see what will happen to the market.

[jubalix]

at 250k a coin, I can't wait for the expression on the face of everyone else who FUD BTC and then when it drops to say 50K a coin as the next low but 2.5 x the last high.


Maybe this time NPC's Govs and Corps will wake up a bit more.

[cabron]

It Grayscale and Square saying are bullish for BTC, this makes the cryptocurrency a lucrative investment for anyone who has an eye to make money. We might just be seeing more companies going to keep their wealth in crypto. The institutions in the investment business are going to be riding the bulls and while this is happening, the countries are also adopting digital currencies.

2021 is going to be a good year to invest in crypto but there are also analysts saying there will be more players in the market that will keep the prices down as well. And they were saying bullrun could happen by 2022 to 2024.