Will 2017/2018 Bullrun repeat in 2021?

[elisabetheva]

Yes, if we look at the experience from the past halving that happened to bitcoin, that the increase in bitcoin price will occur in the following year after the halving. this year is the third halving and if it is true according to the halving then there will be a bigger increase from 2017 next year. but what month? It's hard to guess because last month fell in November and December, whether it will also be that month or sooner.

[Fundamentals Of]

Every argument has two sides to it. Those who predict a bull run claim that it is due in the next 1-2 years. They claim that the current prices are lower than the fair valuation, and a spike was due after the block reward halving. But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

There will be a dump one of these days because it is normal that a pump will also bring a dump as a correction afterward. But to say that the dump will drag the price down to four-digit is hard to imagine. I don't agree with it. The price right now has already surpassed $12,200. This is a signal that Bitcoin might even knock on $14,000 soon. So in case of a correction, that would only put Bitcoin's price to around $11,500. That is still a five-digit price.

Anyway, there is no bearish movement right now. The bulls have taken over.

[Lucius]

I'm guessing you meant *shit coins, currently looking at coingecko about 7 of them are in green from the last 1 hour, the increase ranges from 0.1% to 0.9% so the new entries probably just moved within that range as Bitcoin gets closer to $12k mark...

Yes of course, a small typo

What I've seen is data for the last 7 days - and if you look today (same as yesterday) only 4 coins are in green, and most of all the one that is directly related to DeFi (which means there are a lot of naive people who believe they will profit from it). The fact is that people like to play with altcoins, but it’s also the fact that most fall into the trap when they think their price follows Bitcoin - that’s how it was in the past, but now the money is going in a different direction.

with that said i think we are seeing the start of the next major bull run that will continue all through 2021 to set the new historical record.

It is too early to say what this is about, as I have already written, we already had a similar situation a few months ago. What we can expect is that the effects of the past halving will slowly begin to be felt, because demand exists from institutional investors, and according to the law of supply and demand, this will push the price upwards. If the situation from 2016 is repeated, when BTC achieved about 100% growth from halving by the end of the year - then by the end of this year we could expect about $14 000 for one BTC.

[Inkdatar]

Yes, if we look at the experience from the past halving that happened to bitcoin, that the increase in bitcoin price will occur in the following year after the halving. this year is the third halving and if it is true according to the halving then there will be a bigger increase from 2017 next year. but what month? It's hard to guess because last month fell in November and December, whether it will also be that month or sooner.

There are many predictions of the price in this industry and uncertainty if the bull run will repeat by the year 2021. Just like this time price reach above $12k and no one can tell if this is just a bull trap or it will continue to increase. But, the movement today of bitcoin is pleasing to the eyes of the users and holders. So, indeed hard to guess when but there is the possibility and let’s observe the market when it will heading.

[thecodebear]

I think 2022 is more likely for the parabolic run. Seems to me we are still too far away from the previous peak and the economy is in too bad shape to have the major bull phase run its course in just over a year from now.

2021 I'm expecting a continued gradual build up of support to $20k, with retail investors who got out in 2018 or new ones who wrote Bitcoin off finally starting to realize Bitcoin isn't just gonna disappear, so they'll jump back in. Also I think it'll take more time before more institutional investors jump in to the point where we can get parabolic run. A year or so of continued build up followed by a year of boom from $20k to ~$100k sounds about right to me. I wouldn't complain about high 5 digit prices in 2021 but I figure it'll take more time to get the market ready for another epic bull run.

Another possibility I could see is a couple smaller runs over the next maybe 3 years. I feel like institutional investors would jump out early, happy taking a few hundred percent rather than the going-up-forever euphoria of retail investors. So I could see a shorter run sooner, like say $30k+ by early 2022, then a drop back to the teens by late 2022 as institutions take profit causing a drop, in turn causing retail investors to flee, and then institutional investors buy back in holding the support up at say like 50% drop, then say in 2023 it builds back up to $30k+ and retail investors jump back in and the thing flies to $100k at that point by late 2023 or early 2024. who knows! Personally I'm just waiting for my $60k - $80k target to cash out and then buy back in on a crash.

[carter34]

But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

Your position here is looking like what it could be. The expectations of bull has long been on after the halving but the economic situation has not allow real buying and trading to start happening and as some have bought too to move with the bull trend. The dumping can be possible as soon as hodlers don't get the bull in their own expected timing.

[daarul50]

Every argument has two sides to it. Those who predict a bull run claim that it is due in the next 1-2 years. They claim that the current prices are lower than the fair valuation, and a spike was due after the block reward halving. But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

That is completely truee
Everybody know and feels that the bitcoin price must be at least at $100k after the last halving  which it is a little bit pending because of the pandemic and whole market crash.
The time to recover has begun and the momentum to go up have been built.
Let's see and fill your wallet with bitcoin now before it is too late, seriously.

[uray]

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.

It is hard to come to a certain conclusion that the price will solidify well above $10k for the rest of your life, it is a market and anything can happen and it all depends upon how long the investors are holding on to their coins. We have seen reports about millions being invested with every minor correction and we have no idea when they will be liquidating those assets.

[Oceat]

But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

Your position here is looking like what it could be. The expectations of bull has long been on after the halving but the economic situation has not allow real buying and trading to start happening and as some have bought too to move with the bull trend. The dumping can be possible as soon as hodlers don't get the bull in their own expected timing.

What bearish movement? AFAIK Bitcoin halving just happened in May this year and the bearish movement you are talking about just happened last year. So I guess it's time for the bull market to shine that's why this pump that we see is a start that Bitcoin is almost there in the bull run. Although it's just too early to celebrate or expect that this is the bull run because it might also be a bull trap if you know what was the whales been doing.

[dunfida]

But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

Your position here is looking like what it could be. The expectations of bull has long been on after the halving but the economic situation has not allow real buying and trading to start happening and as some have bought too to move with the bull trend. The dumping can be possible as soon as hodlers don't get the bull in their own expected timing.

What bearish movement? AFAIK Bitcoin halving just happened in May this year and the bearish movement you are talking about just happened last year. So I guess it's time for the bull market to shine that's why this pump that we see is a start that Bitcoin is almost there in the bull run. Although it's just too early to celebrate or expect that this is the bull run because it might also be a bull trap if you know what was the whales been doing.

When it comes to these kind of movement into these kind of moments then i cant really blame off someone if they would really have that emotion or feeling that this might be the start of the bull run but we know on how
Bitcoin movement works neither it would go into breaking those resistances or is just an ordinary day where fake neither bull or bear traps.This isnt something new that we havent seen off yet this had been the system
for a decade now and still continuing and as a trader then these spikes will really give out some good profits but also the hardest part to make up decisions yet we dont know if the price will make out some pullback for some re-entry or would just rally all the way and finding a new level to stay for a while.Nothing is assured when we do talk about the future but talking about bull run then knowing that we are dealing with a market
which these moments can really possibly happen anytime.

[maydna]

~snip~

history has been repeating itself already!
you shouldn't just look at the end of the bull run and only call that "repetition". but you should look at the entire transition from the bubble (the one before last at $1200 back in 2013) to the bear market then the prolonged bear trend and a longer accumulation in 2014 and 2015 respectively and finally the start of the slow rise in 2015 and start of 2016 that led to that final fast and big bull market of 2017.

so far everything from 2013 to 2016 has been repeating very similarly from 2017 to 2020 even the time-frame (3 years) is the same!

I don't have high skills to analyze deeper as you, and I only see that history will repeat itself. And now, we see that the bitcoin price has the power to lift the price to a higher level, and the bitcoin price finally can break $12k, even the price touch $12,500. The price takes a break for a while after medium rallies from the $11,900 level to $12,700. Perhaps, it is because we almost at the weekend, which usually, the price will adjust for a while.

But I am sure that the price will have the opportunity to break $13k and so on. If bitcoin can have more power from this month and next month, perhaps, we will see bitcoin price can touch $15,000 - $17,500. But still, we need to be careful if there is a downtrend or dump to get more support. And if that happens, we can use that time to buy more bitcoin.

[darewaller]

In 2018, there was no bull run for bitcoin but few altcoin hit their ATHs. I mean if you refer both scenario of 2017 and 2018 to be happening in 2021 then I am doubtful on that. Moreover, we need to count the consequences of on-going pandemic as investors may allocate major portion of their reserved funds for food and other emergency needs and low percentage for long term investments like bitcoins. It means FOMO may be less wilder than what we experienced in 2017 with bitcoin markets.

All the above, I am optimistic about experiencing another strong bull rally of bitcoin which may lead to grow of bitcoin prices to another 10 fold. Because, bitcoin always is following 4-year-cycle which is usually triggered by halving. Hence, another 10x growth of bitcoin is still due, thanks to 2020 BTC halving.

[naikturun]

uncertain either but most people say history will repeat itself, meaning that the scheme will repeat itself.
and there is also other good news, currently paypal has accommodated bitcoin and caused a high enough increase to above 10% in less than 1 day.

[aioc]

Every argument has two sides to it. Those who predict a bull run claim that it is due in the next 1-2 years. They claim that the current prices are lower than the fair valuation, and a spike was due after the block reward halving. But at the same time, there is a real chance of a bearish movement. A lot of people have accumulated BTC in 2020, expecting a bull run. In case this doesn't realize, then we may witness a massive dump. And this can take Bitcoin back to four-digit prices.

Bitcoin is now at $12800 level if they bought Bitcoin when news of pandemic broke out then they can take their profit now, there's always a possibility of a dip so it's worth thinking of selling some and retaining some, so far the movement for this week has been good, I did not expect the price to move that fast, but any increase of the price is always good news,

[Chrystora123]

I am very excited to see the outcome if history will repeat itself, I was still a newbie on the last all time high and has no decent portfolio back then, I gained experienced now and holding a lot of good coins in my portfolio and this next bull run will give a dramatic change in my life not to mention I am in a campaign where I'm getting Bitcoin payout, I'm sure many of us here are as excited as I am.

This hope is the wish of everyone who focuses on crypto..  Bitcoin makes new ATH records is the most beautiful gift and is sure make HODL go rich.  does not feel like we will enter 2021 soon.  hopefully, it happens according to our expectations (Bitcoin goes to the moon again)..

[error08]

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?

Seems bitcoin price persist above $12,700. Considering the price plummeted below $5,000 in March, then the bull market has started since April, reach a good mark at $12,300 in August but then corrected to $10K. The rally began earlier this month from $10,500 to $13,000 due to some factors affect the market sentiment including PayPal"s announcement. Some predicted that bitcoin may reach $14,000 as the next target, but who knows how far it will rise until the end of this year and what the next year could bring upon bitcoin market.

[davinchi]

It looks like there is going to be a bull run in 2020 let alone 2021. What I am really wondering about is the fact that in 2017 there wasn't a big increase until like summer, the price was very very low until summer, and during that same summer there was BCH which was giving free money basically to everyone who hold bitcoin at certain date, so people all bought bitcoin in bulk as much as they can in order to get that free money which increased the price as well so they really liked the idea.

We didn't had that this summer, so we moved beyond those times. However we also had a 3k to 20k rise from November to December in 2017 as well, with this increase coming near the November date, does anyone think the same type of increase could happen again? Not saying x7 because that would be 70k, but maybe break over 20k once again in December?

[snipie]

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.

The bitcoin price consolidated above $10k for quite long period and those days it spiked from $11.5k to $12k then $13.1k in just 1 day. This sudden rise has 2 paths, whether the price will continue rising to $15k then ATH then a correction will most likely took place, or this is just a small bubble that will blow up shortly and big whales will cash out a fortune!

[lowstar]

Hello people, I just started to invest in bitcoin and indeed I joined around the 10,500 USD mark. I don't think the bull run will stop soon, and I have a good feeling that this is the last chance of getting a sub 20k coin. Fiat can be and is made out of thin air as we all know, so deflation of the Bitcoin relative to fiat is inevitable in the long run.

[Clark05]

I don't think this happening now is a trap because the rising is continously and I think the bull run happened only in 2017 and after that year the year 2018 is not a bull run because on that year that cause also why the dumping started and this year 2020 I saw the good price of the bitcoin and the other altcoins and it was a good sign and It's better to continue of what happening today.