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Question: What will happen before the next halving?
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Author Topic: Are we in 2017 again? How do you feel about the price chart today?  (Read 792 times)
Hippocrypto
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August 26, 2021, 07:30:03 PM
 #61

Bitcoin at this moment was quite a ghost bumps for me, but I choose to remain calm and easy while waiting for the right time to boom.
Volatility usually caused little falls then eventually goes up, because people started to have their entry point.
We already surpassed $40k as spikes had also swing up to $50k as an attempt of huge resistance breakdown.
Let's face another chapter, I don't think we should compare current scenario from past 2017.
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August 26, 2021, 07:58:48 PM
 #62

It seems like the majority of the people have the same idea with me. I definitely expect Bitcoin price to reach 100k dollars in this year. Maybe it will happen in the last days of the year but it will I think. And yeah, we could be having 2017 again if we see the bull run in the last months. For now, Bitcoin price is just testing upper levels. This could be a really nice rally but I started thinking like it is not a bull run.

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August 26, 2021, 09:09:47 PM
 #63

It seems like the majority of the people have the same idea with me. I definitely expect Bitcoin price to reach 100k dollars in this year. Maybe it will happen in the last days of the year but it will I think. And yeah, we could be having 2017 again if we see the bull run in the last months. For now, Bitcoin price is just testing upper levels. This could be a really nice rally but I started thinking like it is not a bull run.
We cannot really remove into our mind that in the time in the end of the year  where people do really believe that it is really going to all time highs or really have some significant price rise.

Feeling for the charts? Im not really minding that much because whatever the price would be then you should really know on how to move out with your investment.

You should expect the unexpected and be prepared on the actions you would make and dont anticipate or hope that much so that you wont get frustrated.

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August 29, 2021, 05:45:42 PM
 #64

It seems like the majority of the people have the same idea with me. I definitely expect Bitcoin price to reach 100k dollars in this year. Maybe it will happen in the last days of the year but it will I think. And yeah, we could be having 2017 again if we see the bull run in the last months. For now, Bitcoin price is just testing upper levels. This could be a really nice rally but I started thinking like it is not a bull run.
And this is because it seems like the most likely possibility, after all we are not really projecting 2017 over this year and using our wishful thinking about it, bitcoin really does seems as if it is preparing for a huge move and the direction of that move seems to be up, however it does seem that it is not going to happen until the end of the year so it is natural that when we see the current market conditions we cannot stop thinking about 2017 and what happened back then.
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September 01, 2021, 10:58:36 PM
 #65

Theres no need to be negative on a grand scale, 2017 wasnt negative like that it was just a very bumpy ride.   The sell offs back then were back to 3k or so and that was on big news like entire countries banning BTC, I think the creators always expected such news to be the norm not the exception.   In any case we know 2017 BTC carried on regardless and in that respect it could be compared to now in that we can fall but overall I'm not negative on BTC prospects over years.
   The real negative year was maybe 2018 and even then if you held your breath a few months, the price was bubbling right back up in 2019 anyway so what are we even talking about.  BTC can fall but its continually regained its losses, that historic record should not deter anyone especially except leveraged speculators who must sell on these short term moves.

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September 01, 2021, 11:38:23 PM
 #66

I'd stop comparing the past, what happens today is far different from what happens before. There is a number of scam projects today, there are so many FUD's comes out, and fake news on social media but this has only a few effects on the market as the community had already learned their mistakes in the past. That is why we could never say that there are no huge market corrections that happen as only a few people got into panic selling while the majority are being calm and hold.



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September 06, 2021, 08:14:45 AM
 #67

We might be in December 2017 again but we need to be sure about it first. Now, Bitcoin price has started climbing again finally. It has got past $51k and it is moving on to $55k gradually. September might even be the month that Bitcoin price reaches a new ATH level. And in October, we need to see a bull run starting I think. Otherwise, it would be really hard to see $100k before the end of the year.

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September 06, 2021, 10:35:52 PM
 #68

I'd stop comparing the past, what happens today is far different from what happens before. There is a number of scam projects today, there are so many FUD's comes out, and fake news on social media but this has only a few effects on the market as the community had already learned their mistakes in the past. That is why we could never say that there are no huge market corrections that happen as only a few people got into panic selling while the majority are being calm and hold.
A must thing but there are people who do really mind about things in the past and cant really stop on comparing it and this is why we do really come up with these kind of presumptions on where people do believe that those
things in the past is surely happening on the current time.Well, its not an assurance since there would always be some possibilities but if we do look at on some factors then we can really tell that we are way too far off
in terms of adoption and recognition which do simply shows or tells us that movement wont never ever be the same.

Looking on charts on active manner could really give out some different impressions some becomes too optimistic and some do becomes too negative which do proves out that everyone could have their
own impressions.

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September 07, 2021, 04:07:05 AM
 #69

There nothing to be afraid of, sometime bitcoin price movements make investor heart seem to want to dislodge when the bitcoin price movement chart is not good.
In fact, since it was first created, bitcoin continues to grow so that bitcoin becomes one of the most profitable investment commodities compared to other investment instruments.
Currently, the demand for Bitcoin continues to increase worldwide, while the supply of bitcoin is very limited so the price of Bitcoin has the potential to continue to rise gradually in the future, even some world banks predict the price of Bitcoin will penetrate more than $ 70k for 1 bitcoin.

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September 07, 2021, 05:57:03 AM
 #70

We might be in December 2017 again but we need to be sure about it first. Now, Bitcoin price has started climbing again finally. It has got past $51k and it is moving on to $55k gradually. September might even be the month that Bitcoin price reaches a new ATH level. And in October, we need to see a bull run starting I think. Otherwise, it would be really hard to see $100k before the end of the year.

We are in different situation now than 2017. Just like pre Corona and post corona period. During lockdown institutions have started to buy which was not the case in 2017. Things are getting better and more people are getting associated with it. SO we will see the rise continue to happen and might never return to 2017 levels.

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September 08, 2021, 08:06:14 AM
 #71

There nothing to be afraid of, sometime bitcoin price movements make investor heart seem to want to dislodge when the bitcoin price movement chart is not good.
In fact, since it was first created, bitcoin continues to grow so that bitcoin becomes one of the most profitable investment commodities compared to other investment instruments.
Currently, the demand for Bitcoin continues to increase worldwide, while the supply of bitcoin is very limited so the price of Bitcoin has the potential to continue to rise gradually in the future, even some world banks predict the price of Bitcoin will penetrate more than $ 70k for 1 bitcoin.
Those bad days really are something special. I remember everyone in crypto when the price hit from 1400 dollars to 100 dollars or so back in 2014, people imagined that bitcoin had a big bubble and it was burst and it would never recover, imagine thinking bitcoin will never go up when it was 100 dollars.

A lot of those people sold and ran away, which is a very horrible feeling, at the end of the day we are talking about something special with 2018 because it finally reached to 1 trillion dollar marketcap as a whole that year, and then it had a huge crash, dropped to insanely low levels, bitcoin dropped but altcoins dropped even harder and we were at a blank point again and everyone talked about how bitcoin would never recover. You can see the pattern there, whenever price drops down people fear that it will never recover but it always does.

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September 08, 2021, 08:15:40 AM
 #72

And I didn't start feeling good about the price these days. Because there is a really huge drop in the price so far. Bitcoin price is now $45k. It is struggling to beat the resistance levels. I'm afraid of the possibility that the price might even go under $40k again soon and get stuck there for some time again. It would be another good opportunity to buy actually but most people were expecting the rise to continue. So, it hit people by a surprise.
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September 08, 2021, 08:36:01 AM
 #73

i don't see a 100k till the next halving comes because the chart shows it will now that there is something hindering the price to even reached 70,000 level. there are attempts to break 55k after the fall from 64k yet never succeed.
i think we can evaluate it clearly once the value climbs up back to 60k level then the opportunity may can tell.
And I didn't start feeling good about the price these days. Because there is a really huge drop in the price so far. Bitcoin price is now $45k. It is struggling to beat the resistance levels. I'm afraid of the possibility that the price might even go under $40k again soon and get stuck there for some time again. It would be another good opportunity to buy actually but most people were expecting the rise to continue. So, it hit people by a surprise.
what is the resistant level? lol are you joking? bitcoin had already broken the 50k resistance its just happened that it seems like there is a force who plays with the market.

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September 08, 2021, 06:20:44 PM
 #74

i don't see a 100k till the next halving comes because the chart shows it will now that there is something hindering the price to even reached 70,000 level. there are attempts to break 55k after the fall from 64k yet never succeed.
i think we can evaluate it clearly once the value climbs up back to 60k level then the opportunity may can tell.
I doubt that it would take until next halving. Remember bitcoin doesn't just go a little bit up during halvings, it goes up like crazy and I believe that we will definitely see a huge huge increase in the next halving. Reaching 100k is not a big, it is nearly 2x and that could happen outside of bull runs as well, I understand that it looks like it is going to be tough because the number is 100, but the reality is that from 5k to 10k was so simple, 50k to 100k will be same simple thing as well. We may have seen a fall but that fall doesn't matter neither. All we need is a bit of hype and we will get closer to 100k. I am not saying it will be tomorrow, but we should not be waiting until the next halving to see that neither.

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September 08, 2021, 09:26:51 PM
 #75

There nothing to be afraid of, sometime bitcoin price movements make investor heart seem to want to dislodge when the bitcoin price movement chart is not good.
In fact, since it was first created, bitcoin continues to grow so that bitcoin becomes one of the most profitable investment commodities compared to other investment instruments.
Currently, the demand for Bitcoin continues to increase worldwide, while the supply of bitcoin is very limited so the price of Bitcoin has the potential to continue to rise gradually in the future, even some world banks predict the price of Bitcoin will penetrate more than $ 70k for 1 bitcoin.
Those bad days really are something special. I remember everyone in crypto when the price hit from 1400 dollars to 100 dollars or so back in 2014, people imagined that bitcoin had a big bubble and it was burst and it would never recover, imagine thinking bitcoin will never go up when it was 100 dollars.

A lot of those people sold and ran away, which is a very horrible feeling, at the end of the day we are talking about something special with 2018 because it finally reached to 1 trillion dollar marketcap as a whole that year, and then it had a huge crash, dropped to insanely low levels, bitcoin dropped but altcoins dropped even harder and we were at a blank point again and everyone talked about how bitcoin would never recover. You can see the pattern there, whenever price drops down people fear that it will never recover but it always does.

If we learn from the history of Bitcoin's movement in the past, the pattern is almost the same as what is happening with Bitcoin's current movement.
There will be panic from some investors when they see the price of Bitcoin fall, and it always happens again and again. So with the Bitcoin price
dropping to $46k right now, there's no need to worry and panic. We must be able to be calm and remain patient waiting for the price of Bitcoin to
rise again, because of how deep the price of Bitcoin falls, Bitcoin can always recover. Therefore I do not panic to see the current price of Bitcoin,
I believe in the next few days the price of Bitcoin can return to prices above $50k again.

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September 09, 2021, 04:03:11 AM
 #76

Your thoughts have started to open up about bitcoin, yes, bitcoin has become a very profitable investment in modern times. If we look at the time bitcoin was created, no one believed bitcoin was able to hit a price of $46,111. This figure can still increase depending on demand in the market. Although bitcoin price movement are highly volatile, but bitcoin is still a profitable investment, and I am very optimistic that bitcoin will be able to penetrate 6-digit number in the future.

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September 10, 2021, 03:02:56 PM
 #77

Now, in 2021 we're at a +25% after about 50% loss before. When I hear into my feelings, I think we could end up in another winter till the next having. It does not feel like 100k will happen. I don't care and it's not important to me, just stock-to-flow and all the 2021 BTC News seemed way stronger than in 2017... but is it strong enough for 100k? I don't think so. Many people still hate BTC for a lot of wrong reasons, because they're not educated enough right now. In my real life I'm more or less the outsider with my Opinion about BTC changing the whole Currency System.
Many people are seeing 100k+ and more as an option because of the huge possibility that Q4 holds. Crypto is known to be going up during these periods and all the big increases happened during this period. Last year around these days we were close to 10k, by the end of Q4 we were around 30k, that was 3x and the same would see us at around 150k price if it were to happen again.

It obviously requires a lot of money to increase that much but at the end of the day it could be 2x instead of 3x and still be 100k. Obviously we need to be more careful because 2018 Q4 saw us fall from 7k levels to under 4k levels as well so that could be a problem as well, we need to be careful which one it will be like.
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September 10, 2021, 03:11:37 PM
 #78

We're far from that of 2017, the prices shouldn't be swinging this high if 2021 is the same as 2017 plus if it ever comes to that point that the pattern is going to be the same, we will still have some time to sell and make profit and wait for things to go the same as 2018.
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September 10, 2021, 04:27:51 PM
 #79

snip..
from what I've noticed, bitcoin and the crypto market won't be back to the way it was in 2017.  in 2017 the increase in the price of bitcoin was very unreasonable that's what caused the price to drop drastically in Q1 2018.  Crypto already has big fans, governments in many countries have different opinions with each other about crypto..


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September 20, 2021, 06:54:49 PM
 #80

I think we could maybe see something like in Feb 2018, when BTC bounced back up after around 65% loss.
After that came the ~2.5 Year long "Crypto winter", as many of you will remember Cry .

Now, in 2021 we're at a +25% after about 50% loss before. When I hear into my feelings, I think we could end up in another winter till the next having. It does not feel like 100k will happen.
As we know Bitcoin is decentralized and no one controlling this but still few shits like Elon Musk playing dirty games with this and giving after shocks if they stop this all then surely we were in very good position but currently still we have very good days ahead as demand is increasing, and we can touch $100K magic figure in near future.

Even currently this is very tough barer which is stopping us to touch good rate but crypto and bitcoin community already passed many barriers like this in the past, so this will also settle.

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