If history repeats itself: 2023 vs 2019

[AnonBitCoiner]

I believe that the $50,000 is very possible, especially in the last quarter of this month, but just in case it is not, the first quarter of 2024 will be the chance.
Because I believe that the Bitcoin block halving in 2024 is the biggest trigger for Bitcoin to reach again this kind of price level.

Bitcoin can reach to 50k$ very soon but now in the year 2023 we did not have seen any rise up to 50k$ May be in coming months it happens but in my opinion it will take some times.

In 2024 there is a greater chance of bitcoin to reach the 50k$ because in next year halving will take place so all those who have still hold their bitcoin will be in advantage so selling at higher price is a good way to get profit. The recent year is difficult to predict as sometimes the price is very high and other time it become down so therefore no one has the exact knowledge about the exact value of bitcoin for the future.

[imamusma]

Bitcoin can reach to 50k$ very soon but now in the year 2023 we did not have seen any rise up to 50k$ May be in coming months it happens but in my opinion it will take some times.

Increase your patience level for this year if you want to see bitcoin hit $50k even though many of us believe it will.
There are 7 months in the 2023 calendar before we enter 2024, so there's definitely a lot going to happen to bitcoin in that time frame. Currently the movement for price recovery is still unclear, that's because the price of bitcoin is sideways so far.

I think this year is all about being optimistic, meaning that even though some bitcoin analysis still seems tough to hit $50k, maybe $50k will hit before the end of the year. I'll see how the market recovers gradually, so for sure I won't be in a hurry.

[doomloop]

Bitcoin can reach to 50k$ very soon but now in the year 2023 we did not have seen any rise up to 50k$ May be in coming months it happens but in my opinion it will take some times.

Increase your patience level for this year if you want to see bitcoin hit $50k even though many of us believe it will.
There are 7 months in the 2023 calendar before we enter 2024, so there's definitely a lot going to happen to bitcoin in that time frame. Currently the movement for price recovery is still unclear, that's because the price of bitcoin is sideways so far.

I think this year is all about being optimistic, meaning that even though some bitcoin analysis still seems tough to hit $50k, maybe $50k will hit before the end of the year. I'll see how the market recovers gradually, so for sure I won't be in a hurry.

Though no one can know the exact future and it is not possible to predict the correct outcomes that might occur in the future, we can see the current stats and conditions and have an idea about what the outcome might be. And from what it looks like right now, the chances of Bitcoin's price hitting $50k this year are very tiny.

The price isn't showing much positivity at the moment. We saw some growth initially this year, but as the first quarter came to an end, that was the end of the growth as well and the price started getting stable and correcting itself, and we are still within the same phase.

[Hamphser]

Bitcoin can reach to 50k$ very soon but now in the year 2023 we did not have seen any rise up to 50k$ May be in coming months it happens but in my opinion it will take some times.

Increase your patience level for this year if you want to see bitcoin hit $50k even though many of us believe it will.
There are 7 months in the 2023 calendar before we enter 2024, so there's definitely a lot going to happen to bitcoin in that time frame. Currently the movement for price recovery is still unclear, that's because the price of bitcoin is sideways so far.

I think this year is all about being optimistic, meaning that even though some bitcoin analysis still seems tough to hit $50k, maybe $50k will hit before the end of the year. I'll see how the market recovers gradually, so for sure I won't be in a hurry.

Though no one can know the exact future and it is not possible to predict the correct outcomes that might occur in the future, we can see the current stats and conditions and have an idea about what the outcome might be. And from what it looks like right now, the chances of Bitcoin's price hitting $50k this year are very tiny.

The price isn't showing much positivity at the moment. We saw some growth initially this year, but as the first quarter came to an end, that was the end of the growth as well and the price started getting stable and correcting itself, and we are still within the same phase.

No one really indeed knowing the future and we cant really tell whether there would really be some repetition in speaking about history. You cant really be able to make yourself that having assurance that we would

be seeing new all time highs when bull time run or happens. What if we do only reach out $50k when the time comes? For sure lots of negative sayings would really molded on that time on which they would really be
having assumptions that it would be over for bitcoin without even trying to realize that we know that this market isnt something that would be giving out positive results or things that we do have in mind.
Basing up on the history then it cant really be just that avoided that people would really be having that kind of positive impression. You cant really be able to tell though if this one
would be the result or outcome.

[globalpain]

if it does happen then it is a positive sign because history is indeed repeating, and we will see a bull run in 2024 to 2025,
but if this year Bitcoin fails to $ 50k, then I think we must also be vigilant, because it is most likely 2024 or 2025 bullish will not come either,
I don't know if this is still a mystery, what is certain is that you don't experience bad things if it happens, make sure you take the right actions.

[cabron]

if it does happen then it is a positive sign because history is indeed repeating, and we will see a bull run in 2024 to 2025,
but if this year Bitcoin fails to $ 50k, then I think we must also be vigilant, because it is most likely 2024 or 2025 bullish will not come either,
I don't know if this is still a mystery, what is certain is that you don't experience bad things if it happens, make sure you take the right actions.

What goes up alays come down but it might keep bouncing already in the weekly chart as we see how adoption becomes massive and the scarcity of BTC after halving. Eventually price dips again after touching the peak so it will dive after hitting 50k and then back up again after few months to continue its bullrun.

I think the  billrun from now on will keep going as super cycle as what they called.

[cryptomaniac_xxx]

if it does happen then it is a positive sign because history is indeed repeating, and we will see a bull run in 2024 to 2025,
but if this year Bitcoin fails to $ 50k, then I think we must also be vigilant, because it is most likely 2024 or 2025 bullish will not come either,
I don't know if this is still a mystery, what is certain is that you don't experience bad things if it happens, make sure you take the right actions.

There is no doubt that we are going to see a massive bull run in 2024-2025. The point of the OP is that if history will repeat itself, then we might see $50k at least for this year before the big bull run that we are expecting right after the block halving in May.

But as he suggested already, we need to break $30k first before forming a bull flag leading to $50k.

So we will see, this May is a stagnant month for us, the price didn't move up the way we supposedly predicted ($30k+). We still have 6 months to go and see whether what the OP predicted might happen or not.

[Poker Player]

There is no doubt that we are going to see a massive bull run in 2024-2025. The point of the OP is that if history will repeat itself, then we might see $50k at least for this year before the big bull run that we are expecting right after the block halving in May.

Basing the assumption on technical analysis. I recently saw that China may change its position on cryptocurrencies. I am more confident that that could give the price a nice boost and it will go to $50K in no time than technical analysis which is probabilistic and serves rather more to try to understand the past than to predict the future.

[Tony116]

if it does happen then it is a positive sign because history is indeed repeating, and we will see a bull run in 2024 to 2025,
but if this year Bitcoin fails to $ 50k, then I think we must also be vigilant, because it is most likely 2024 or 2025 bullish will not come either,
I don't know if this is still a mystery, what is certain is that you don't experience bad things if it happens, make sure you take the right actions.

There is no doubt that we are going to see a massive bull run in 2024-2025. The point of the OP is that if history will repeat itself, then we might see $50k at least for this year before the big bull run that we are expecting right after the block halving in May.

But as he suggested already, we need to break $30k first before forming a bull flag leading to $50k.

So we will see, this May is a stagnant month for us, the price didn't move up the way we supposedly predicted ($30k+). We still have 6 months to go and see whether what the OP predicted might happen or not.

If you believe history will repeat itself, bitcoin recovery and hitting $50k is possible. But everyone seems to be trying to ignore the fact that after bitcoin surged in 2019 and before the halving in May 2020, bitcoin also fell severely from $12k to $4k. If history repeats itself, bitcoin will hit $50k this year and then dump before officially entering the real bull season.

I don't know what June will look like, but I will also believe that history will repeat itself. This means that this year bitcoin will recover significantly, and we will still have the opportunity to buy bitcoin cheaper than now before halving occurs.

[Baofeng]

There is no doubt that we are going to see a massive bull run in 2024-2025. The point of the OP is that if history will repeat itself, then we might see $50k at least for this year before the big bull run that we are expecting right after the block halving in May.

Basing the assumption on technical analysis. I recently saw that China may change its position on cryptocurrencies. I am more confident that that could give the price a nice boost and it will go to $50K in no time than technical analysis which is probabilistic and serves rather more to try to understand the past than to predict the future.

It might be a good boost if this is really true though, but as I have said in the past, I don't trust China with their word specially if they are going to make U-turn on Bitcoin and crypto.

if it does happen then it is a positive sign because history is indeed repeating, and we will see a bull run in 2024 to 2025,
but if this year Bitcoin fails to $ 50k, then I think we must also be vigilant, because it is most likely 2024 or 2025 bullish will not come either,
I don't know if this is still a mystery, what is certain is that you don't experience bad things if it happens, make sure you take the right actions.

That's always been the case in Bitcoin cycles though, so far history continue to repeat itself, although the numbers might not be exactly as the last bull run. But definitely there are numbers and data that we can look and say that maybe it will happen again.

As what the OP wanted to show us in his graph, the best price at the end of the year could be $50k and that will be big entry point for the next all time high.

[dragonvslinux]

if it does happen then it is a positive sign because history is indeed repeating, and we will see a bull run in 2024 to 2025,
but if this year Bitcoin fails to $ 50k, then I think we must also be vigilant, because it is most likely 2024 or 2025 bullish will not come either,
I don't know if this is still a mystery, what is certain is that you don't experience bad things if it happens, make sure you take the right actions.

There is no doubt that we are going to see a massive bull run in 2024-2025. The point of the OP is that if history will repeat itself, then we might see $50k at least for this year before the big bull run that we are expecting right after the block halving in May.

But as he suggested already, we need to break $30k first before forming a bull flag leading to $50k.

So we will see, this May is a stagnant month for us, the price didn't move up the way we supposedly predicted ($30k+). We still have 6 months to go and see whether what the OP predicted might happen or not.

If you believe history will repeat itself, bitcoin recovery and hitting $50k is possible. But everyone seems to be trying to ignore the fact that after bitcoin surged in 2019 and before the halving in May 2020, bitcoin also fell severely from $12k to $4k. If history repeats itself, bitcoin will hit $50k this year and then dump before officially entering the real bull season.

I'm certainly not forgetting what happened in 2019 and I do think if Bitcoin reaches $50K this year then price will return to at least $30K, maybe even $25K or lower, as highlighted by the fractal in the OP. Because by reaching $50K in the near future it would be with (another) parabolic run, that would end in a significant correction. Maybe not quite the black swan event that occurred in March 2020, but even without that, price corrected from around $14K to $6.5K that was already a 50%+ correction, so I see no reason why the same type of severe correction would occur if price reaches $50K.

[EdenHazard]

There is no doubt that we are going to see a massive bull run in 2024-2025. The point of the OP is that if history will repeat itself, then we might see $50k at least for this year before the big bull run that we are expecting right after the block halving in May.

Basing the assumption on technical analysis. I recently saw that China may change its position on cryptocurrencies. I am more confident that that could give the price a nice boost and it will go to $50K in no time than technical analysis which is probabilistic and serves rather more to try to understand the past than to predict the future.

Should we over-react on what china stands to treat bitcoin?

I think they changing perspective about the cryptocurrency for like twice a month or even much more than that lol , it's a public secret that china love to twisting the story as long as it has advantage for them , pretty much opportunist at this point. 2023 should reach the highest price for 24months and also biggest crash before we heading the halving day.

[19Nov16]

If we pay attention, many things have in common about the bitcoin price chart, what is popular is the upward trend which has occurred 3 times, namely in 2013, 2017 and 2021, those 3 years the price skyrocketed then the following year the price dropped significantly, many say that bitcoin in pump or dump whales but this is still an opinion and until now it has not been proven.