Bitcoin is not HYPE anymore. Even Elon musk, 2nd richest in the world with one of his company, Tesla, accepting Bitcoin as one of payment recently. We also heard many ETFs already got approved and accepted, even few huge banks accepting Bitcoin and they allow their customer invested on them (Morgan Stanley & Fed).
History might be repeat, but surely it's won't be same as 2017 anymore. We won't see bitcoin at $5,000 , $10,000 or even $20,000 anymore from this year to the future
You sound like that you are coming across the people who are expecting market to fall up to $10k or even $5k but honestly I am the one who expect the repeating of 2017 in 2021 in terms of growth levels but not in price ranges. I mean we had 20x growth in 2017 and I expect 10x to 20x growth in 2021 as well. This is the way I do compare 2017 and 2021; so far I am good and doing profitable with my speculation.
I would say this year going to be similar to all previous bull years for bitcoin markets. This year we are going to experience 6 digits for the first time like how we did in 2017 with 5 digits (in 2013 with 4 digits). This way we need to wait till 2024 to experience the 7 digits as per my speculations.
