Will Bitcoin Repeat History ?

[Hamza2424]

The point is no one can repeat history in term of physical objects or emotional objects. The focus is History Repeats itself. Let me put an example BTC made one ATH then History Repeats it self. You can say that everything in this World is cyclical so be prepared. In crypto your preparation is = Accumulation and your Patience= Rewards and Rewards occurs through the Holdings..

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[Fivestar4everMVP]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

Talking about bitcoin repeating its history, bitcoin made a history in 2013 as well as set a record, which I believe was the first, in 2017, it repeated that history and broke the record it set in 2013, and again in 2020, it repeated the history again and broke the record it set in 2017.....
We are now in 2022 and the price of bitcoin has dropped a little below its 2017 all time high, alot of investors are looking forward to 2024, hoping that bitcoin makes another history and maybe break the record it set in 2020, we can only guess or predict, nothing is certain, though the chances are high, but only count on it if you are currently investing in bitcoin hoping for 2024 to come, hopefully, bitcoin wont disappoint us.

[Nrcewker]

There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.

So yes, it repeats history every 4 years 

Yes this trend has been seen in every 4 years. Many early investors have witnessed about this, and I too can agree on this. But to be honest, this time the bear market has been there for long time then the previous ones. So yes we might see a different trend following this time. Moreover we shouldn’t be upset with the price of the coin, as it will only increase when we demand it more. So due to the limited amount in supply, when people will start more buying then selling, the price will automatically go up.

[Antonas1]

Yes, in a theory or graphic analysis. However this question appears to imply that bitcoin is an automatic machine that will spin faster every 4 years. We are, and everyone who trade BTC will affect the market, don't we? High price are possible if there are several factors, such as news, government statements, and others.
Meanwhile, people are avoiding spending money due to the economic crisis, and it remains to be seen if the crisis will end in 2024 or 2026.

Of course we won't know whether the bitcoin price will repeat itself like last year or not because of the worsening economic crisis, but I think the bull run market will definitely come again, but we won't know the time.

So what is your point? Isn't my previous explanation the same as what you wrote (except for the bull run)? You can be assured the bull run will come although you don't know the time, and it can be wrong. Anything can happen, depending on market demand and some of the factors I mentioned earlier.

[Artem Sereda]

I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks

For a course of 4 years and seeing the history on how it did really end up or the path that it did take then we can really presume that it does really have high chances that we might be seeing on the same path
on upcoming years to come, but it cant really be that an assured thing that we would be seeing some high numbers but lets hope that it will but make yourself that prepared on whatever things might happen ahead.
There's no assurance once you had invested on this market where it cant really be assured whether we would really be making huge profits on long term or not.
So if you could put up some risk on accumulating and holding bitcoin for too long then its up on someones choice.

Bitcoin is getting more and more popular every year. In this regard, its price now depends on more factors (politics, commerce, the energy crisis, huge inflation in America) than before, and now they are much more inhibiting its growth. I agree with you that bitcoin is cyclical, BUT it will take a lot more time now, waiting for the bull market.

[Tubicolous]

Yes, the charts tell us that. Every 4-5 years, the price of bitcoin experiences a high bull run. But we can’t say if this will really happen. I think, one should place their bets with careful analysis and invest that they can afford to lose.

[hd49728]

Yes this trend has been seen in every 4 years. Many early investors have witnessed about this, and I too can agree on this. But to be honest, this time the bear market has been there for long time then the previous ones. So yes we might see a different trend following this time.

In this bull run and this bear market, Bitcoin breaks its history. In the recent bull run, Bitcoin only has about 3-time increase from its 2017 and 2018 bull run All time high. From its latest all time high, it is a first time Bitcoin fell below its all time high in previous bull run, which is $20,000.

Two times history does not repeat itself completely in this cycle. Fortunately, at least we know halving every four years will help Bitcoin has a new bull run and I positively think that it will make a new all time high for each halving.

Moreover we shouldn’t be upset with the price of the coin, as it will only increase when we demand it more. So due to the limited amount in supply, when people will start more buying then selling, the price will automatically go up.

Adoption increases, demand increases and only 21 million bitcoins in total supply. In circulating supply, there are more bitcoins lost forever by careless Bitcoin users who don't write down their seeds correctly and don't have good and usable backups

[kryptqnick]

People keep connecting Bitcoin rise to halvings, which I still believe is just one way to look at it, not the objective position on the matter. Bitcoin grows over time, and there haven't been enough 4-year cycles with enough data to attribute this growth specifically to halving events. Conveniently, when speaking of halvings, people usually take the whole year when it happens if not even the next one. That's a huge time span, whereas if we look at halvings and the price, say, a couple of months before and a couple of months later, the picture doesn't add up as nicely.
2022 is almost over, and it seems likely that it won't have a strong finish. But the bear market can be  over at any point in 2023, maybe there's no need to wait for 2024 or even a year after that.

[lionheart78]

Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.

[Hypnosis00]

Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.

We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well. However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.

[Yatsan]

Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.

We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well. However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.

There's nothing constant in this industry because market prices are naturally volatile. We cannot blame them from having different assumptions. The only thing we could rely for is that the market price will still have the tendency to go up even if it falls down multiple times, but if we would be realistic there's always that tendency for the market value of even huge names in this industry, to be burried down for a long period of time simoly because market values are characterized by market demand. If ever majority of investors will abandon their crypto investment, this would be possible. So let us hope for this industry for a long run.

[BitDane]

Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.

We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well.

Many people base their assumption on what they are personally thinking without looking at the possible evidence that the history is already repeating itself.  Look at the price now, the current price today is the price of BTC during 2018, thus price history of Bitcoin repeats itself.  Now the trend and cycle of breaking ATH also repeats itself, and I believe will also repeat itself after the 2024 halving.

However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.

Well there is no bull run in the year after the ATH is recorded.  So it is expected to happen this year when the new ATH was just recorded a year ago.

[Vaskiy]

History repeats itself and bitcoin is not an exception to it. Everything have got certain time period for the history to get repeated. For bitcoin it is four years. The cyclical pattern of movement continues. The best part we can't be sure about this move. At times the same could have deviation in the market movement due to unexpected events happening in the market.

With bitcoin we can assume the transition, but we can't be sure of the market bottom and the top. So, to make the success out of the cryptomarket we need to be very calculative if not things could go completely in the opposite direction.

[Bazzu]

Starting at the peak of 2013, then the history repeats in 2017, and again in 2021.  Do we still have to doubt bitcoin repeating its history?  I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years.  So the question of whether Bitcoin will repeat its history can be answerable with yes.  Besides all throughout human history, the same kind of event happened and keeps on repeating.  It may not include the same people and place, but the core of the incident is the same.  This is solid proof that Bitcoin has huge chance of repeating its history again.

but I think that in the future bitcoin will be difficult to predict like the bul run, of course it will be difficult to predict and it could happen every 5 years or less because of course no one will know about it all. and it could be that the cycle that has occurred is just a coincidence, so basically no one will know whether bitcoin will repeat history or not.

[Maximo Spohn]

It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.

[Questat]

It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.

I'm not sure about an 80% increase after halving but what just I know is that prices will soar high after that. Prices will turn high even more by 80%, with no stopping until the end of the bull season.

And if we believe this will happen again, then help ourselves to prepare for it by simply accumulating more Bitcoin. In fact, we have been given the chance already and it was a shame of we just disregarded this and let go of the moment.

[Mamun74]

Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.

[swogerino]

It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.

We don't know the exact percentages of the raise of the price of Bitcoin but what we do know is that about 1 or 1.5 years after the halves that we had so far the price of Bitcoin reached new all time highs.The first were in November 2013 when halving was in 2012 and then secondly in December 2017 when halving was in the middle of the 2016 and lastly we had a couple of all time highs last year in 2021 when the last halve happened in mid 2020 also.

I think these are enough of clear indications that history repeat itself and we must be prepared for the bull run which by calculations based on the above facts should be in Q4 of 2025.

[ethereumhunter]

Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.

If he knew the old price history of bitcoin, he certainly would not have panicked when he saw the sharp decline experienced by bitcoin. He will even be excited to be able to see the lowest price because it means he can buy more bitcoins than before. Most people only see the negative side of this downturn without seeing what we can get out of this downturn. If we can explore what potential we can get, we will immediately use it for our benefit so that this will provide opportunities for us to benefit later.

[serjent05]

Do you know Bitcoin old price history? Bitcoin price surprised us per year, almost my experienced when bitcoin price dumped then bitcoin price also growed up.Bitcoin is most successful and most valuable coin in cryptocurrency. I hope bitcoin price will recover soon.

Bitcoin never failed to amaze everyone.  The way it shames analysts, the way it has proven itself against haters, and the way it teaches everyone the essence of waiting and being patient.  When everyone thinks that the price of Bitcoin will continue to surge, it will crash for some reason that is actually not directly connected to supply and demand and the same goes when bitcoin is at the bottom, it will suddenly rally up.  That is how unpredictable Bitcoin price movement it. But, One thing is certain with Bitcoin, no matter how hard it dumps, it will eventually rally and break its ATH in due time.  Repeating its history again and again.