Are we in 2017 again? How do you feel about the price chart today?

[StreakW]

Hi Guys & Girls,

first of all: I'm sorry for this rather boring Thread. I know BTC is way more than a price moment upwards (in theory),
but let's be realistic for a Moment: More BTC is always nice to have, so why not think about some recent movements?

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 .

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.

That's why I'm asking you guys, how do you feel about BTC at this moment? Is this protocol worth 1 Trillion and more at this current stage?
Don't get me wrong. I love this project and never saw anything like BTC before, but we're still just "a few" people.

For me the current state of Bitcoin is quite good and vibrant. The prices of bitcoin and altcoins have seen significant gains this month, and by more than 50% so far this year. Therefore looking at the price charts in the crypto market I think the bitcoin price crash like 2017 will not be repeated.

[suzanne5223]

For me the current state of Bitcoin is quite good and vibrant. The prices of bitcoin and altcoins have seen significant gains this month, and by more than 50% so far this year. Therefore looking at the price charts in the crypto market I think the bitcoin price crash like 2017 will not be repeated.

If you understand the basic steps of cryptocurrency market analysis and also check the historical data of the crypto market during the season of Bitcoin halving market effect you'll see that every coin in the market are considered to experience huge market correction (which is also known as a market bloodbath) after 12months the same thing happens in the halving market before 2017.
Meanwhile, it is not for you and me to decide but this is triggered by the most player (Humpback Whale, Whales, and Shark ).

My advice to you, side some capital aside for you to buy when the blood bath happens.

[piebeyb]

why not hit the $100k mark, a lot of good news has come in recent times so it might be able to push it back into the new ATH price after tipping over to the $66k area, but it looks like 2021 will be more than what you saw in 2017.

[kendedese]

For me the current state of Bitcoin is quite good and vibrant. The prices of bitcoin and altcoins have seen significant gains this month, and by more than 50% so far this year. Therefore looking at the price charts in the crypto market I think the bitcoin price crash like 2017 will not be repeated.

when viewed from current market conditions it seems that the price decline that occurred in 2017-2020 will indeed not be repeated because the price of bitcoin this year tends to recover quickly, but market conditions can change at any time and events in 2017-2020 can happen again. for now we can only guess because we will get the answer after bitcoin reaches the upper limit.

[dunfida]

For me the current state of Bitcoin is quite good and vibrant. The prices of bitcoin and altcoins have seen significant gains this month, and by more than 50% so far this year. Therefore looking at the price charts in the crypto market I think the bitcoin price crash like 2017 will not be repeated.

when viewed from current market conditions it seems that the price decline that occurred in 2017-2020 will indeed not be repeated because the price of bitcoin this year tends to recover quickly, but market conditions can change at any time and events in 2017-2020 can happen again. for now we can only guess because we will get the answer after bitcoin reaches the upper limit.

Its unlikely to happen because the level of adoption we do have now compared to year 2017 then this is something totally different on scale because adoption and recognition.

Although its not final nor guaranteed but we could somewhat really presume that this isnt something to happen again but dont really get that confident though.

For now lets just see on how this market behaves and the level of adoption and recognition we do have now.

[btc_angela]

For me the current state of Bitcoin is quite good and vibrant. The prices of bitcoin and altcoins have seen significant gains this month, and by more than 50% so far this year. Therefore looking at the price charts in the crypto market I think the bitcoin price crash like 2017 will not be repeated.

when viewed from current market conditions it seems that the price decline that occurred in 2017-2020 will indeed not be repeated because the price of bitcoin this year tends to recover quickly, but market conditions can change at any time and events in 2017-2020 can happen again. for now we can only guess because we will get the answer after bitcoin reaches the upper limit.

Its unlikely to happen because the level of adoption we do have now compared to year 2017 then this is something totally different on scale because adoption and recognition.

Although its not final nor guaranteed but we could somewhat really presume that this isnt something to happen again but dont really get that confident though.

For now lets just see on how this market behaves and the level of adoption and recognition we do have now.

Yes, it's very different scenario know, adoption is growing, institutions are coming inside, governments too. So I wouldn't say this is like 2017 all over again. Of course, we will see a bear market, but for now we are still very bullish and we don't know when this bullish sentiments will end.

And I still believes that adoption will continue to grow in 2022, when government around Latin America leading the way for bitcoin to become legal tender.

[STT]

2017 was far rougher then this current year, this is plain sailing in comparison and far easier to form levels of confidence about as we regain a trend up or need to adjust downwards as might be true right now.
If the US dollar index starts to jump about at all then you will start to see far harder trading as this will be outside interference in supply and demand from larger market sentiment volatility.

[sujonali1819]

why not hit the $100k mark, a lot of good news has come in recent times so it might be able to push it back into the new ATH price after tipping over to the $66k area, but it looks like 2021 will be more than what you saw in 2017.

To reaching $100k mark area still need a lot of time imo. It was just correction and make new ath. Now again doing correction. And if the correction keep the price above $60k then we can expect a nice bullish trend. But it the correction come back to bellow 60k then we can see a huge correction to $50k. So it might take a big time. So always think positive that this correction will not go below $60k.

[bitterguy28]

Hi Guys & Girls,

first of all: I'm sorry for this rather boring Thread. I know BTC is way more than a price moment upwards (in theory),
but let's be realistic for a Moment: More BTC is always nice to have, so why not think about some recent movements?

because people here still don't have that complete believe in Bitcoin capacity , they will only response depend on what is the movement of market and only few those who seeing the future of bitcoin and keeping the HOLDING.

That's why I'm asking you guys, how do you feel about BTC at this moment? Is this protocol worth 1 Trillion and more at this current stage?
Don't get me wrong. I love this project and never saw anything like BTC before, but we're still just "a few" people.

it is 1 trillion now  as 44% of 2.5 trillion dollars market capitalization .

[btc78]

majority of the votes believe that Bitcoin will reach 100k this year, but how do they really think it will happen?

the result is clear here



but i doubt that most of them really has Idea on what to come instead i believe that they are just being positive as they are not real investors .

Holders have views of the coming Dump .

[ultrloa]

why not hit the $100k mark, a lot of good news has come in recent times so it might be able to push it back into the new ATH price after tipping over to the $66k area, but it looks like 2021 will be more than what you saw in 2017.

To reaching $100k mark area still need a lot of time imo. It was just correction and make new ath. Now again doing correction. And if the correction keep the price above $60k then we can expect a nice bullish trend. But it the correction come back to bellow 60k then we can see a huge correction to $50k. So it might take a big time. So always think positive that this correction will not go below $60k.

3 months timespan which other think that bitcoin would go at that far is not enough since imagine how big the amount needed to increase the total marketcap which can lead to bitcoin to rise that far and I also think that there are so many corrections will happen so provably that figures will not come at this early stage since we might struggle first to reach $100k just like what happen before where reaching the current ATH takes more time before it achieve by bitcoin.

[$crypto$]

why not hit the $100k mark, a lot of good news has come in recent times so it might be able to push it back into the new ATH price after tipping over to the $66k area, but it looks like 2021 will be more than what you saw in 2017.

To reaching $100k mark area still need a lot of time imo. It was just correction and make new ath. Now again doing correction. And if the correction keep the price above $60k then we can expect a nice bullish trend. But it the correction come back to bellow 60k then we can see a huge correction to $50k. So it might take a big time. So always think positive that this correction will not go below $60k.

3 months timespan which other think that bitcoin would go at that far is not enough since imagine how big the amount needed to increase the total marketcap which can lead to bitcoin to rise that far and I also think that there are so many corrections will happen so provably that figures will not come at this early stage since we might struggle first to reach $100k just like what happen before where reaching the current ATH takes more time before it achieve by bitcoin.

The correction must have occurred after the ATH allowed them to sell it for profit in the last few days but I'm not sure this correction can go down by $50k that's right because it can still be maintained in this situation and still Marketcap is in its highs.
Bitcoin can still be maintained, we still have time in this case to try to continue in the bullish trend and certainly don't sell hands in a correction situation, this will provoke fear of ambition in bitcoin which is experiencing a decline.

[ivankoh]

Most people think that the return to the game is like an exaggerated pump like in 2017, the RSI is back to the above 70 range, it is really too fast, I think today's correction will not have a break soon.  how they understood the change for bitcoin this year, bitcoin failed to hold support at 60k? i think that's how the market maker wants to tweak with big bull run merger  coming up in November. Again, keep an eye on November for greatness to come.

[BITCOIN4X]

To reaching $100k mark area still need a lot of time imo. It was just correction and make new ath. Now again doing correction. And if the correction keep the price above $60k then we can expect a nice bullish trend. But it the correction come back to bellow 60k then we can see a huge correction to $50k. So it might take a big time. So always think positive that this correction will not go below $60k.

In the last 7 days the bitcoin price has corrected almost 12% since ATH $67K. Some people think this is a sign that bitcoin will undergo a deeper correction before the next ATH is reached by the end of the year while others consider it a regular correction before the price breaks through the $63K, $65K, and $67K resistance. on TF 4H and form a new ATH. Given that today's big investor have the opportunity to make a profit after investing long enough in bitcoin, they will also consider taking full, partial or temporary profit before they buy back in time of dips. I saw the same pattern with ATH last April because after ATH was reached, the correction started to occur until it almost reached -50%. If this is true, then be prepared for a major correction. But I prefer to see it sideway for some time even though at the moment the risk of further correction is still very likely.

[bots1]

Looking at the chart movement in this year, I think, we don't see Bitcoin price falling again like 2017 which will be a 50% decline. Bitcoin has continued its gains throughout the year and has even reached 2x ATH just six months away. Therefore, there is no need to worry about bitcoin price correction because moments like 2017 will not be repeated.

[beerlover]

Looking at the chart movement in this year, I think, we don't see Bitcoin price falling again like 2017 which will be a 50% decline. Bitcoin has continued its gains throughout the year and has even reached 2x ATH just six months away. Therefore, there is no need to worry about bitcoin price correction because moments like 2017 will not be repeated.

In 2017, bitcoin prices started to fall only by December third week hence right now it is too early that we think about repeating of 2017.

Bitcoin needs to show at least 10x growth before repeating the down market; I mean first we need to experience the repeating of bull market this year and then I guess we can prepare ourselves to face similar kind of downfall market as well. Not sure that we are going to have same kind of 4 year cycle this time as well or something new which is hard to speculate, no one knows.

[matchi2011]

Looking at the chart movement in this year, I think, we don't see Bitcoin price falling again like 2017 which will be a 50% decline. Bitcoin has continued its gains throughout the year and has even reached 2x ATH just six months away. Therefore, there is no need to worry about bitcoin price correction because moments like 2017 will not be repeated.

In 2017, bitcoin prices started to fall only by December third week hence right now it is too early that we think about repeating of 2017.

Bitcoin needs to show at least 10x growth before repeating the down market; I mean first we need to experience the repeating of bull market this year and then I guess we can prepare ourselves to face similar kind of downfall market as well. Not sure that we are going to have same kind of 4 year cycle this time as well or something new which is hard to speculate, no one knows.

Bitcoin already got real supporters, those institutional investors are doing a great taking the risk and placing support to the current market, unlike way back 2017 where it's more on hypes and many ponzi scam business that is being held inside this industry, fake investment who use crypto/bitcoin to attract more investor in purposely scam away the money.

Now, it's more about adoptions and real usages that bring more investors inside this investment currency.

[Johnyz]

Looking at the chart movement in this year, I think, we don't see Bitcoin price falling again like 2017 which will be a 50% decline. Bitcoin has continued its gains throughout the year and has even reached 2x ATH just six months away. Therefore, there is no need to worry about bitcoin price correction because moments like 2017 will not be repeated.

Though there’s still no guarantee for this let’s hope that Bitcoin wont dump that much again since 50% dropped is really devastating. Bitcoin is quiet on a pullback right now after making a new ATH, if this continues that’s alarming. 2017 was a great year right before it dump, and this year is a different story.

[Wawa2013]

Looking at the chart movement in this year, I think, we don't see Bitcoin price falling again like 2017 which will be a 50% decline. Bitcoin has continued its gains throughout the year and has even reached 2x ATH just six months away. Therefore, there is no need to worry about bitcoin price correction because moments like 2017 will not be repeated.

Though there’s still no guarantee for this let’s hope that Bitcoin wont dump that much again since 50% dropped is really devastating. Bitcoin is quiet on a pullback right now after making a new ATH, if this continues that’s alarming. 2017 was a great year right before it dump, and this year is a different story.

Anyone who has experienced the hype that occurred when Bitcoin hit $20k in 2017 will find it incredible. Because at that time Bitcoin could indeed
provide a large profit for people who had collected Bitcoin before. But things got dire after the Bitcoin price dump and I hope that won't happen
this year. If we look at Bitcoin's performance this year and know that there are many institutions that invest in Bitcoin,  I am optimistic that
the price of Bitcoin will not fall too deep. Because this year is a different story from what happened in 2017, I believe this year Bitcoin has much
stronger support after the country of El Salvador decided to legalize Bitcoin as a legal tender. So I believe Bitcoin this year will be different from
what happened in 2017.

[arwin100]

Looking at the chart movement in this year, I think, we don't see Bitcoin price falling again like 2017 which will be a 50% decline. Bitcoin has continued its gains throughout the year and has even reached 2x ATH just six months away. Therefore, there is no need to worry about bitcoin price correction because moments like 2017 will not be repeated.

Though there’s still no guarantee for this let’s hope that Bitcoin wont dump that much again since 50% dropped is really devastating. Bitcoin is quiet on a pullback right now after making a new ATH, if this continues that’s alarming. 2017 was a great year right before it dump, and this year is a different story.

50% drop is possible since any huge fuds nor certaim regulation which can do huge harm with bitcoin can make the price move backwards so hopefully no something like this will come especially when it comes to the goverment since for sure manu will take those news as bad amd might can cause anything again if somwthing restrictions will be impose by them.