Will 2017/2018 Bullrun repeat in 2021?

[dunfida]

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?

Still have doubts specially if the movement of price is way too fast or something that you cant really expect for it to happen.Well, bitcoin or the market can really surprise us on least expected
but im not really that too confident that we are already on the pace of the new bull run but this is just only my my speculation though because we cant tell if this is already the start
of such beautiful run that we do all hope for after all the years we've been waiting. 2021? Its a realistic target to presume out basing off on the movement we are taking at the moment
but as an investor then better to be wise on playing with the price movement waves to take advantage on getting profits even into these shorter ones.

[1715101987]

1715101987

[1715101987]

1715101987

[1715101987]

1715101987

[1715101987]

1715101987

[boltz]

Personally, I don't think the bull run is near but we do have some signals that we are slowly approaching it so I would expect 2021 to be the last accumulation phase before Bitcoin is going sky rocket. Most of the old holders are predicting that 2023 will be the peak of the bull run so if this is true 2021 has nothing to offer beside a massive accumulation phase that would bring the price up to ~15k$. Again , this is just my personal thoughts based of what I'm seeing and what I've experienced.

I do want 2023 to be the bull run as I still need time to accumulate because covid made us to spend our money more than we're used to.

[naikturun]

Personally, I don't think the bull run is near but we do have some signals that we are slowly approaching it so I would expect 2021 to be the last accumulation phase before Bitcoin is going sky rocket. Most of the old holders are predicting that 2023 will be the peak of the bull run so if this is true 2021 has nothing to offer beside a massive accumulation phase that would bring the price up to ~15k$. Again , this is just my personal thoughts based of what I'm seeing and what I've experienced.

I do want 2023 to be the bull run as I still need time to accumulate because covid made us to spend our money more than we're used to.

that which is not known for sure, and everyone can only predict, and regarding this pandemic, do you think the pandemic is a barrier to the occurrence of bulls?
if that is the case then history will change because a pandemic like this is coming for a long time, so I think it will cause big changes both in economy and society.

[thecodebear]

I think we've got at least 6 more months of buildup to get back to around the ATH, and then another about 6 months of hanging around $20k, give or take a few thousand, before it really breaks free of that area and we start seeing the parabolic move as another retail investor mania starts. So basically 2021 buildup and stabilizing around $20k preparing to launch, then 2022 parabolic bull run. 2023 crash back to probably around $20k-$25k (wherever the 200 week MA is).

[Viscore]

I'd never stop thinking and believing it but I don't want to expect more of it. Besides, if we think about another $20k again, it feels too hard to get it to reach back, I'm glad enough to see Bitcoin price will able to reach at $15k, which was big enough at this time.

Anyway, 2021 is still long enough to predict the (less) possible to happen. Quite the market changing every day, see's it trend it makes so hard to tell what will happen next and even we can see the uprising momentum but still can't assures that it keeps such momentum for long.

For me, I could say that 2021 and the coming years are most exciting to see because as adoption gets stronger, many businesses had open-up for crypto. This will affect the market price and developments.

[livingfree]

I think we've got at least 6 more months of buildup to get back to around the ATH, and then another about 6 months of hanging around $20k, give or take a few thousand, before it really breaks free of that area and we start seeing the parabolic move as another retail investor mania starts. So basically 2021 buildup and stabilizing around $20k preparing to launch, then 2022 parabolic bull run. 2023 crash back to probably around $20k-$25k (wherever the 200 week MA is).

It's the reason why I see many speculations that 2021 is the key year.

This year is part of the building up and we get better results by 2021. But also, be minded that it could also be the year that the same bearish trend could come just after the bull run.

But hopefully, it is better than the last bull run.

[exstasie]

I think we've got at least 6 more months of buildup to get back to around the ATH, and then another about 6 months of hanging around $20k, give or take a few thousand, before it really breaks free of that area and we start seeing the parabolic move as another retail investor mania starts.

If we view the summer 2014 and summer 2019 bull traps as parallel resistances, then that's roughly the same path taken in 2016-2017, give or take a couple months.

On one hand, that feels a little too predictable. History rhymes but it usually doesn't repeat. On the other hand, people seem too bullish right now, too expectant that another 2017 is right around the corner. More shakeouts and ranging would feel appropriate.

[Twinkledoe]

I think we've got at least 6 more months of buildup to get back to around the ATH, and then another about 6 months of hanging around $20k, give or take a few thousand, before it really breaks free of that area and we start seeing the parabolic move as another retail investor mania starts.

If we view the summer 2014 and summer 2019 bull traps as parallel resistances, then that's roughly the same path taken in 2016-2017, give or take a couple months.

On one hand, that feels a little too predictable. History rhymes but it usually doesn't repeat. On the other hand, people seem too bullish right now, too expectant that another 2017 is right around the corner. More shakeouts and ranging would feel appropriate.

The factors affecting the increase are also different than before. In 2017, a lot of them were driven by hype and most of them had little to no knowledge what they were getting into. This time, I believe there are a lot more educated users aside from the fact that a lot also learned their lessons during the ICO days. I think this time the increase will be driven more on adoption and not because of the hype surrounding it.

[thecodebear]

I think we've got at least 6 more months of buildup to get back to around the ATH, and then another about 6 months of hanging around $20k, give or take a few thousand, before it really breaks free of that area and we start seeing the parabolic move as another retail investor mania starts.

If we view the summer 2014 and summer 2019 bull traps as parallel resistances, then that's roughly the same path taken in 2016-2017, give or take a couple months.

On one hand, that feels a little too predictable. History rhymes but it usually doesn't repeat. On the other hand, people seem too bullish right now, too expectant that another 2017 is right around the corner. More shakeouts and ranging would feel appropriate.

Yeah I don't expect major bull run right around the corner. People seem to expect it in 2021 and I definitely don't think that'll be the case. I think 2022 is likely though. Could also be a slower segmented bull run that takes like 2022 and 2023 as opposed to an all in one huge shot upwards. But I definitely don't think $20k is like about to happen and a parabolic run real soon after.

[3meek]

In 2018 it was said that the bull run will happen in 2019... In 2019 it was said that the bull run will happen in 2020... This year, it say that it will happen next year!
Of course sometimes there is a local bull run, but it seems too early to talk about 20k, as I think!

[thecodebear]

In 2018 it was said that the bull run will happen in 2019... In 2019 it was said that the bull run will happen in 2020... This year, it say that it will happen next year!
Of course sometimes there is a local bull run, but it seems too early to talk about 20k, as I think!

I don't think anyone serious was really saying all that. Sure there are always media articles whenever Bitcoin surges that say its about to go crazy, but anyone with experience in the crypto market knew not to expect the major end part of the bull run in 2019 or 2020.

Going by the four year cycle, the bitcoin parabolic end to the bull run was always expected in 2021, but now I think it is pretty clear 2022 is much more likely, between the Covid crash and general economic disaster (which helps bitcoin long term but obviously hurt is short term in this market cycle), it's also possible the market cycles are slowing down beyond 4 years but because of Covid crash affecting things we can't really say that for sure this cycle. Then again, with institutional money making up more and more of the market, if they are the kind of forces that will get out early before bitcoin goes super parabolic, to ensure they don't lose money on the other side of a crash, thus capping bull runs shorter and lower, that could create shorter less volatile booms and busts so maybe the entire cycle structure will change a bit in the future to be shorter and smaller, no way to know yet.

For sure $20k isn't gonna like happen super soon, like its very unlikely to happen in the next few months, but by mid next year, 6+ months from now, it is quite likely Bitcoin is back up to somewhere around the ATH, if not having actually broken the ATH yet.

[Fortify]

It's very possible, there have been spikes in so many different things lately - rich people are pulling their money out of low (or negative) interest rate bank accounts and governments are forcing them to spend it elsewhere. They stuck it in Tesla, Gold, Zoom and all sorts of different places - Bitcoin could very well see another spike in activity because it presents a different type of asset class and any investment manager should tell them that it's good to spread your risk in these volatile times.

[AjithBtc]

We don't know what could happen further with bitcoin. As per the information quoted on different articles what the cryptocurrency community experienced during the year 2017-2018 is unexpected and it is like a bubble. Further after dropping low once again it started to grow gradually. This growth has been taking place in a stabilized manner, and the same serves as a reason for big expectation by 2021.

[exstasie]

In 2018 it was said that the bull run will happen in 2019... In 2019 it was said that the bull run will happen in 2020... This year, it say that it will happen next year!
Of course sometimes there is a local bull run, but it seems too early to talk about 20k, as I think!

I don't think anyone serious was really saying all that. Sure there are always media articles whenever Bitcoin surges that say its about to go crazy, but anyone with experience in the crypto market knew not to expect the major end part of the bull run in 2019 or 2020.

Do you remember the April 2013 and November 2013 bull runs, and how there were only a few months in between the two? I think that experience left a lot of people believing the 2018 triangle could have been a short term bullish consolidation before another parabolic leg up. I was even leaning that way until the bottom of the triangle fell out in November. At that point it became clear the market needed a much bigger bubble pop.

[crzy]

We don't know what could happen further with bitcoin. As per the information quoted on different articles what the cryptocurrency community experienced during the year 2017-2018 is unexpected and it is like a bubble. Further after dropping low once again it started to grow gradually. This growth has been taking place in a stabilized manner, and the same serves as a reason for big expectation by 2021.

This is why we have a better chance to have an organic uptrend because bitcoin is taking time to become more stable. 2017 pump was amazing and because of that many expected bitcoin to do better easily without thinking on how to create demands. History will always repeat itself but the time for that is still unknown. Maybe it will happen unexpectedly just like the 2017 pump.

[Assface16678]

We don't know what could happen further with bitcoin. As per the information quoted on different articles what the cryptocurrency community experienced during the year 2017-2018 is unexpected and it is like a bubble. Further after dropping low once again it started to grow gradually. This growth has been taking place in a stabilized manner, and the same serves as a reason for big expectation by 2021.

Did you just say things are inconsistent and expected something to happen due to a "pattern" at the same time?
Things are just naturally happening in an unexpected manner in this industry, more likely due to the nature of volatility. Going back with the 'basis', what happened in the year 2017 is completely unexpected, especially when the price of Bitcoin reached its ATH. The market value in a sudden, fell without any signs. There are even predictions wherein the market value will increase more on the following year. After that, the market value of it becme stable at many price points coined to be "resistance" of the market price, but nothing seems to change; price will increase in a sudden and fall eventually, staying at a price point. So maybe, let us all just be patient and wait for things to happen on its own.

[beerlover]

Nothing will repeat anything, life is not like a cycle, it is like a bunch of different squabble lines that sometimes just cross paths and that's about it, it is not always like history it is just resembling you that same history whenever something similar happens but it is not the same, that good chestnut smell from that Christmas you remember always comes to mind when you smell chestnut but in reality you are buying it from street vendor, that is the resembling and same "repeat" we are talking about here as well.

All in all sure it could go up, it could have a hype, it could be $20k or even $30k, but just because 2017 had a big increase and just because 2021 has one, it won't mean that they are the same thing, it wouldn't even be remotely similar, it is only both of them going up and that's it, this doesn't make them repeats.

[Distinctin]

Nothing will repeat anything, life is not like a cycle, it is like a bunch of different squabble lines that sometimes just cross paths and that's about it, it is not always like history it is just resembling you that same history whenever something similar happens but it is not the same, that good chestnut smell from that Christmas you remember always comes to mind when you smell chestnut but in reality you are buying it from street vendor, that is the resembling and same "repeat" we are talking about here as well.

All in all sure it could go up, it could have a hype, it could be $20k or even $30k, but just because 2017 had a big increase and just because 2021 has one, it won't mean that they are the same thing, it wouldn't even be remotely similar, it is only both of them going up and that's it, this doesn't make them repeats.

The key in here in order to reach what we gonna think is to give support. Thinking about history repeat itself has nowhere a chance to happen especially in this kind of market where everything is unpredictable. The up and down scheme had to keep happening but definitely, this is not the thing we meant for.

Anyway, it is not important if we gonna be bullish or not, the only thing we ask for is to sustain the current position that we have now. We are looking for a possible huge increase in this last quarter despite COVID-19. We have this adoption, the massive growth of crypto users, this helps in the preparation for the next year and may that ATH has to arrive.

[fourpiece]

Yes, im optimistic and positive that the 2017 - 2018 bullrun will repeat itself nexf year because more and more big companies will enter into cryptocurrency just what like paypal did.

[Question123]

As of now the market now is increasing and as of now we are experiencing bull run I do not know the definition of bullish for others but for me it's already happening.

In the 2021 more coins will rise and I think it will become better that year compared to the year 2017 so will have a new record of New ATH but this year I will see a good value and high chance to go back the value like in 2017 price of the cryptocurrency.