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Author Topic: 2017 Vs 2021  (Read 577 times)
hodlftw
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December 01, 2021, 12:57:53 AM
 #101

I think your assertion is correct and that things will workout differently this time. Look at what was happening in Q4 2017, massive growth in Bitcoin each month. That simply won't be the case, therefore this time is literally different already. That being said I think a blow off top could happen next month but seems highly unlikely (maybe 5%). Possible but unprovable. I expect 2021s run to mimic 2017s run only for the fact that I think we still test the 20wk MA more often in this second half of the trend.

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December 01, 2021, 01:19:57 AM
 #102

I don't follow the 2017 moment when I look at the market conditions then and this year. This looks like a different trend. so far this year the market looks stronger. different from the spike that occurred in 2017.
I hope there is no strong spike that will eventually create a negative trend. I think it would be safer if bitcoin growth later this year could be more stable and that could be an opportunity for altcoins to grow strong.
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December 01, 2021, 02:04:35 AM
 #103

I don't follow the 2017 moment when I look at the market conditions then and this year. This looks like a different trend. so far this year the market looks stronger. different from the spike that occurred in 2017.
I hope there is no strong spike that will eventually create a negative trend. I think it would be safer if bitcoin growth later this year could be more stable and that could be an opportunity for altcoins to grow strong.
Maybe there is really difference when it comes to market conditions but at the end of this year, i think we all have the same prediction that bitcoin will probably hit its new ATH this december just like what had happened way back 2017. Although the market is more stable this year compared last 2017 due to big institutions that are now supporting bitcoin, but it cannot be deny that the prices of crypto will still depend much on the market condition and sentiments. Hopefully, things will be good for bitcoin and for those main alts before this year ends so we can gain bigger profits in preparation for the bear season that will mostly likely to happen once bull run is over.

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December 01, 2021, 02:27:05 AM
 #104

This year's cycle is very different from 2017 where Crypto will experience a bull market in mid-December when the market is correcting and now it's December, maybe we can prepare funds to store assets and prepare that momentum to return and don't let us lose momentum like that in the end of this year. We can't predict all future events but we just try and hope it will happen again because right now so many investors have entered the Cryptocurrency world that this year's cycle will be very different from 2017.
Whatever the final outcome of crypto this year, either bullish or bearish by the end of this year, then we should all be prepared for it as we cannot foresee the future events correctly. I will be more glad if the crypto market will still end up having a bull run this year because its the most awaited moment for everyone of us so we can celebrate the holiday season merrily.

However, if the opposite thing will happen, i know it will saddened everyone but if we zoom it out, it will be the best opportunity to start accumulating bitcoin and altcoins with their cheap prices and by holding them for long term, we will be able to make good profits once the bull run is finally here. So this is still a win win scenario.

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December 01, 2021, 02:32:30 AM
 #105

I think 2017 and 2021 will be different, because in 2017 there were so few cryptocurrency enthusiasts that at that time only people who were already in the crypto world who joined between 2015 and 2017 were benefiting from the rise in cryptocurrency prices. In 2017 all altcoin prices went up and many cryptocurrency projects were successful, almost all crypto markets were bullish. Whereas in 2021, even though the price of Bitcoin recorded a record high, it did not make all altcoin prices go up, especially for new altcoins which are quite difficult to rise.
Currently there are a lot of cryptocurrency users and the transaction value has hit a record high in history, I think in 2022 there will still be an upward trend in the price of Bitcoin and the already well-known altcoins but for new coins I think it is still quite difficult.

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December 01, 2021, 02:40:33 AM
 #106

one of my friend told me about this and he aware about future market crash like what happen on 2017 but for me usually december till january is still bul run i dont know if we are gonna touch new ATH but hope future bear not exist

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December 01, 2021, 02:52:15 AM
 #107

I don't follow the 2017 moment when I look at the market conditions then and this year. This looks like a different trend. so far this year the market looks stronger. different from the spike that occurred in 2017.
I hope there is no strong spike that will eventually create a negative trend. I think it would be safer if bitcoin growth later this year could be more stable and that could be an opportunity for altcoins to grow strong.
When you say don't follow the moment in 2017, how do you know about the market boom in 2017 ? this is a little strange for me to understand even though you can see all the price charts in the market every year, but for this year if Bitcoin can grow again slowly then the Altcoins will also grow more than that in the market, so nothing bad for any price increase in the market due to price correction is normal afterward.

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December 01, 2021, 04:10:16 AM
 #108

I don't follow the 2017 moment when I look at the market conditions then and this year. This looks like a different trend. so far this year the market looks stronger. different from the spike that occurred in 2017.
I hope there is no strong spike that will eventually create a negative trend. I think it would be safer if bitcoin growth later this year could be more stable and that could be an opportunity for altcoins to grow strong.
When you say don't follow the moment in 2017, how do you know about the market boom in 2017 ? this is a little strange for me to understand even though you can see all the price charts in the market every year, but for this year if Bitcoin can grow again slowly then the Altcoins will also grow more than that in the market, so nothing bad for any price increase in the market due to price correction is normal afterward.
a little picture of 2017, where the price of bitcoin soared sharply, but after that bitcoin experienced a sharp decline, until the FUD news seemed to haunt us all, even many economists said the bitcoin bubble, but it turns out that the accusation is not true, and we can see it today, after reaching a new peak there is a normal correction. maybe because now there are many people who understand bitcoin and can give hope for the future

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