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Author Topic: How Close is the Crypto Market to a 2017-Like Bull Run?  (Read 9007 times)

Offline Fenix

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Re: How Close is the Crypto Market to a 2017-Like Bull Run?
« Reply #45 on: March 13, 2021, 03:29:13 PM »
If we compare 2017 to 2021, I would say that the market situation in 2021 is much better than in 2017.In 2017 the price of bitcoin was not so high but this year the price of bitcoin is pumping so much that we will remember forever.Hopefully Bitcoin will do more development in the future.
To my knowledge, the value of Bitcoin did not increase much in 2017, but the position of all other cryptocurrency coins was much stronger.But now the cryptocurrency is on its way to 2017.If it continues like this, Bitcoin will soon be able to set a new record.
In 2017, the cryptocurrency market grew from autumn to December 17, when bitcoin rose in price to $ 20,000. However, along with it, almost all altcoins grew in price.
This year, the bull market is expected to be more authentic and today bitcoin has surpassed the $ 60,000 mark, which is three times its 2017 price record. In contrast to 2017, altcoins are now showing very different price increases and this indicates that the market is becoming more mature. Investors do not buy, as before, all indiscriminately and this is already better.
However, while ethereum shows rather modest price results. Now her price is 1880 dollars and this is very little for her in this situation. Apparently, without addressing the issue of low transactions, ethereum will not grow much.

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Re: How Close is the Crypto Market to a 2017-Like Bull Run?
« Reply #45 on: March 13, 2021, 03:29:13 PM »

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Offline whyrqa

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Re: How Close is the Crypto Market to a 2017-Like Bull Run?
« Reply #46 on: March 13, 2021, 03:40:46 PM »
If we compare 2017 to 2021, I would say that the market situation in 2021 is much better than in 2017.In 2017 the price of bitcoin was not so high but this year the price of bitcoin is pumping so much that we will remember forever.Hopefully Bitcoin will do more development in the future.
To my knowledge, the value of Bitcoin did not increase much in 2017, but the position of all other cryptocurrency coins was much stronger.But now the cryptocurrency is on its way to 2017.If it continues like this, Bitcoin will soon be able to set a new record.
In 2017, the cryptocurrency market grew from autumn to December 17, when bitcoin rose in price to $ 20,000. However, along with it, almost all altcoins grew in price.
This year, the bull market is expected to be more authentic and today bitcoin has surpassed the $ 60,000 mark, which is three times its 2017 price record. In contrast to 2017, altcoins are now showing very different price increases and this indicates that the market is becoming more mature. Investors do not buy, as before, all indiscriminately and this is already better.
However, while ethereum shows rather modest price results. Now her price is 1880 dollars and this is very little for her in this situation. Apparently, without addressing the issue of low transactions, ethereum will not grow much.
The fact is that after Bitcoin dropped from $ 20,000, the bull market still continued, because its a.t.n. Ethereum reached $ 1,400 in early 2018. In addition, $ 20,000 for Bitcoin was impulsive and short-lived, and its real price was at the level of $ 17,000 - $ 18,000.

But I would not compare the current cryptocurrency market with 2017, since at this period we have a more stable market and most investors are focused on the long-term perspective, and not on short-term profits, as it was in 2017.

Offline NANCY

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Re: How Close is the Crypto Market to a 2017-Like Bull Run?
« Reply #47 on: March 16, 2021, 03:19:34 PM »
You have created a very instructive and important topic. I had no idea about it but I benefited a lot from reading this valuable post of yours. I didn't know how close the market was to the right-wing stinginess like in 2017. I got a lot of ideas after reading the posts of some senior brothers. I hope many people will get a lot of ideas from this topic.

 

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