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Author Topic: Is this the long awaited bull run?  (Read 1235 times)
Tomiwa_akin (OP)
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November 25, 2020, 09:04:44 AM
Merited by b1k4ng (1)
 #1

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
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November 25, 2020, 09:19:22 AM
 #2

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?

One of the troubles faced in crypto currency actually rallies round comparisons; 2017 is definitely different from 2020. The fact that crypto currency dipped so much in march during the pandemic; survived and experienced an upturn in prices would tell you that 2020 is definitely different from 2017. Even if you compare the charts; it is still different.

This is 2020; and the best way to enjoy the profits and participate in the bull run is to follow the process; and treat your investment without comparisons.
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November 25, 2020, 09:25:21 AM
 #3

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
It's just less than $100 away from the All Time High (ATH) I think this is the bull run we are all waiting for. Maybe it wouldn't up ending here we might not know it can still increase more.

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November 25, 2020, 09:36:57 AM
 #4

The real beginning is next year, this is somewhat comparable to 2016 for me, lots of movement and then next year will be big not just bitcoin but including other alts like Ethereum, XRP and others.

So currently we have seen majority of alts moving already and then next year we might see them reach their all time high or even surpass them. So we will see, next year will be very exciting if this happens.

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November 25, 2020, 09:40:08 AM
 #5

Yes it is, from 2018 we didn't experience any kind of bull run but this almost end of the year we experience the most awaited bull run. Btc almost reached its ATH price again and ETH got to reach 600$ since june 2018. its been a wild ride for crypto wonder what surprises will it bring next year or will it continue to surprise us this year.
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November 25, 2020, 09:42:07 AM
 #6

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
This time is much different from 2017, when investors now have more knowledge about this market, so the decision to move money into the market next time will be big corporations or corporations company and investment regulations. And that will be the real big money that makes this market really BUMP.

SUGAR
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November 25, 2020, 09:53:04 AM
 #7

Yes, maybe this is the hope that seems to be real, even though everyone knows the bullrun market will not last long but I believe that until the ATH BTC is not reached then the bullrun will continue to run in the altcoin section.

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November 25, 2020, 09:53:30 AM
 #8

The Bitcoin network has improved since 2017, that's why I believe this bull run will be different from the one of three years ago that brought about the ath of $20k, thing is first there was a pandemic that made quite a lot of Bitcoiners actually doubt that there will be an effect of this years btc halving on the price, but that wasn't the case, the pandemic didn't seem to affect Bitcoin, or if it did, only for a few weeks, then there's been adoption from traditional institutions and companies that you wouldn't believe they'll be interested in either investing in bitcoin or even making it their reserve asset.

Having said that, the point remains that this year was pretty good for Bitcoin, in terms of adoption and the rest, and more people seem to understand the network even more, I believe the bull run will surpass that of 2017, and we'll not see any crash afterwards, or the media calling it a bubble.

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November 25, 2020, 09:55:23 AM
 #9

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.
Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
It's just less than $100 away from the All Time High (ATH) I think this is the bull run we are all waiting for. Maybe it wouldn't up ending here we might not know it can still increase more.
Some cryptocurrency exchanges saw the All Time High but wasn't pronounced as much but we are still awaiting for such exciting moments in the history of Bitcoin. There's are rumor around that there will be more long term bullish run which we have been awaiting, but we should wait for this rumor turn into reality. This year bullish momentum is far different from the past event and we are enjoying the moments with Bitcoin.

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November 25, 2020, 10:03:56 AM
 #10

Yes, I think it is. Each and every coin may not see a price increment but top coins will definitely will. People have become familiar with cryptocurrency investment and they don't tend to invest in something they have just yesterday. But this time, this run is going to be here for longer than the previous time.
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November 25, 2020, 10:28:05 AM
 #11

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
For some users I think this is the bull run they are waiting but for me I'm expecting more bullish price maybe around $25k to $30k that was just what on my mind but we never know what will happen for the following days.

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November 25, 2020, 01:16:46 PM
 #12

In my opinion, I would not want to make comparisons between the events in 2017 and that of this year. These are two totally different scenarios and that of 2017 was not even affected by any global event similar to the current pandemic which resulted with the brief period of halt on world economies. I would also not going to be too optimistic yet as my expectations for Bitcoin and other alts are a bit high. If some people are contented with making up to 3 to 4 times their investment. I would settle for a lot more. I want BTC to reach 50k. Yes, it is high, but achievable nevertheless. I could make some profit now but also reserve some for that big break.

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November 25, 2020, 01:22:11 PM
 #13

Yes, I think it is. Each and every coin may not see a price increment but top coins will definitely will. People have become familiar with cryptocurrency investment and they don't tend to invest in something they have just yesterday. But this time, this run is going to be here for longer than the previous time.
I agree with you, I also feel that maybe this bull run will be much better when compared to 2017. This time more people are interested in crypto, a lot of major parties have joined and I'm sure this will make this bull run even stronger.

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November 25, 2020, 01:34:21 PM
 #14

I think it will surpass the previous bull run and last at least two more months as it’s started a few days ago. We cab at least expect it to be lasted till the end of December however, altcoin rise will start significantly after only BTC gets stable.

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Akiko
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November 25, 2020, 01:37:23 PM
 #15


It's just less than $100 away from the All Time High (ATH) I think this is the bull run we are all waiting for. Maybe it wouldn't up ending here we might not know it can still increase more.

I also believe in this,even the current bullmarket will not stop the increase in the price of btc in fact based on the prediction of experts its price will be even higher in the coming years. So enjoy the ride and always take your profit and buy back Everytime you see price correction that way you will feel more profitable if you know how to play with price .

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November 25, 2020, 01:39:48 PM
 #16

You don't have to ask whether this is the long awaited bull run or not. It is beside the point. This may or may not be the long awaited bull run. I don't care. What I care about is that this is a bull run and this is not just a weak bull run which gives us a hundred or two of USD in increase in a week's or month's time. This is a very strong bull run which gives us a thousand more USD in price increase in just a matter of less than 24 hours. This is the main point.
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November 25, 2020, 02:02:57 PM
 #17

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?
It's very simple, everyone can look at the bullrun in the past where the duration of survival was not that long, and those who are able to take advantage of every good moment will always win and be profitable, so don't think too much of the comparisons, but take the opportunity already exist at this time, because things like this will not necessarily last long.

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November 25, 2020, 02:15:31 PM
 #18

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?

I believe it is, But we must admit it's very different from the 2017 bullish market trend. Because today's trend is about Bitcoin and other few top-ranking altcoins like ETH, XRP, and etc. While some other altcoins remain in just a very limited movement, despite they are one of the top rankings cryptocurrencies in the market thats why IMO, those cryptocurrencies that have not moved the price along with others have no demand simple as that.
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November 25, 2020, 02:21:28 PM
 #19

Comparing the current market movement to that of 2017, it's kind of synonymous and a pointer to the start of bull run. Although some parameters differs and will have impact on this current one (if so) which might limit the longetivity and price impact and people might be carried away till the reverse begins to happen.

Please share your views if this is the bull run we are waiting for and how long should we expect it to last?

I believe it is, But we must admit it's very different from the 2017 bullish market trend. Because today's trend is about Bitcoin and other few top-ranking altcoins like ETH, XRP, and etc. While some other altcoins remain in just a very limited movement, despite they are one of the top rankings cryptocurrencies in the market thats why IMO, those cryptocurrencies that have not moved the price along with others have no demand simple as that.

It's also different from 2017 because now it's mostly institutional investors that have driven the price. Media coverage about BTC is not nearly at the same level it was in 2017. Maybe once the ATH is broken again and when the media jumps on that train, private investors will chime in again. If that will happen, we might see new hights in early 2021. I just hope the whole thing doesn't collapse as it did after the 2017 bullrun.
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November 25, 2020, 02:28:18 PM
 #20

There will be many factor that could change the market sentiment, indeed this situation all people/investor will just one focus to see all altcoin and bitcoin prices its previous all time high. But we don't know after that, it could be the bear market come like 2017 ago or all investor are aware of crypto market and they are comfortable to hold their asset and make there is no big correction.

Perhaps, the second situation will happen given the economic situation in all countries still bad due to corona virus and also the important thing is almost all altcoin prices are able to reach its previous all time high and make the investor believe that crypto currency is deserve to be choose as an investment place and take a decision to hold all their asset.
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