How Close is the Crypto Market to a 2017-Like Bull Run?

[ShadowCrypto]

12 hr chart.  whether it corrects down or goes sideways for a while this bull market is intact. here is a 12-hour chart.... pushing up the upper end of resistance that was hit in 2019 https://www.tradingview.com/x/B1DevB7b

[I-Bit]

In some days ago, I think that the market will be likely the previous bullrun in 2017, with its decrease price. but after I see the market condition right now, it means that it will be very difficult to search for the interesting money

[Alcor]

While the price of bitcoin is growing too slowly and this growth rate is very different from what it was in 2017. Then the price of bitcoin grew very quickly and rapidly. Now this is not yet observed. We expect the halving effect to appear and the last months of the year would be a very good time for this. Although there is still time, however, we can already see that there will be no repetition of such a growth in the cryptocurrency market, as it was in 2017, this year.

[sampoerna]

I think the current situation is almost the same as in 2017 but of course, there should be differences. I think we are on the right way to go to the bullish in Bitcoin price, also for altcoins prices. Bitcoin price already improved gradually since the very beginning of this year. And now the price of Bitcoin still continues to move up. I really hope that the price of Bitcoin can be the same as in 2017 or even more than the ATH. It is very happy if we can see a new ATH of Bitcoin.

[EthereumDev_]

Of course, with good news that can trigger an increase in cryptocurrency prices like what happened in 2017, because so far the price of cryptocurrency depends on price developments.

[Senin]

If Bitcoin continues to rise for some time as it did on the last day, then by the end of the year it could reach its previous price record of $ 20,000, which it reached in December 2017.  Over the past day, its price has risen by more than one thousand dollars.  If last night its price was about $ 13,780, now it has increased to $ 14,853.
 At the same time, ethereum has not yet shown a similar price increase.  In the morning, its price climbed to $ 404 and during the day rose by only two dollars.  Hopefully, ethereum will perform well in terms of price in the near future.

[Carbitcoin]

If Bitcoin continues to rise for some time as it did on the last day, then by the end of the year it could reach its previous price record of $ 20,000, which it reached in December 2017.  Over the past day, its price has risen by more than one thousand dollars.  If last night its price was about $ 13,780, now it has increased to $ 14,853.
 At the same time, ethereum has not yet shown a similar price increase.  In the morning, its price climbed to $ 404 and during the day rose by only two dollars.  Hopefully, ethereum will perform well in terms of price in the near future.

If we compare the indicators of the cryptocurrency market in 2018 and today, then the difference between Bitcoin and Ethereum is too big, since in the second quarter of 2018 Bitcoin was just over $ 12,000, while Ethereum was at $ 800. Today we see a completely different picture in the ratios between Bitcoin and Ethereum, which you stated in your message. Namely, ETH is half what it should have been. It seems to me that you need to wait for December 1, when the Ethereum 2.0 update occurs.

[syedrasool2011]

Yes same bull run but this year will better then 2017 will pump 30k this year.

[yetti]

I think a bull run will occur because I see the condition of the bitcoin price which is currently increasing and has already touched the price of $ 15k, so that we know that there will be bulls this year, so make the best of this moment.

[syedrasool2011]

I think this time bitcoin bull run will best then 2017 on 2022 bitcoin will touch 100000$.

[Cryptoz]

Is it true that bullrun in 2017 will happen again this year?
Indeed, currently, the market has increased quite significantly. However, it looks like it will not reach such a bullish time in 2017. It might happen but not now, it might be in late 2021 or early 2022. WHo knows

[Noverteno]

Is it true that bullrun in 2017 will happen again this year?
Indeed, currently, the market has increased quite significantly. However, it looks like it will not reach such a bullish time in 2017. It might happen but not now, it might be in late 2021 or early 2022. WHo knows

The events of the growth of the cryptocurrency market, as it was in 2017, will no longer be repeated, and it cannot be.  The situation is now even much better than it was three years ago.  There are many more positive factors at work for cryptocurrency today.  However, we cannot say how this will turn out in practice.  Many random factors also play a role here.  So we only need to watch the events and prepare for the rise in the price of the cryptocurrency.

[Quantum X]

Bull-run 2017 was driven by the wave of ICOs & ponzi projects like Bitconnect. Currently we only have 1 stabilized market, some clear legal regulations and 1 coming halving. I think BTC's mission this year is to keep the price stable at $10K instead of going up to $20K and then falling ...

Exactly! There had been much more than these and that is why the fall was huge after the feast ended. This maybe the reason why bitcoin is making a move wisely this year.

[vaysar]

It doesn't matter who is the president of the United States, the head of the Fed has already announced a large amount of financial support for business, such measures are increasingly devaluing the dollar and are a clear signal for buying bitcoins. More and more investors are investing in bitcoin, providing a bullish market trend.

[KKH84]

There is a saying 'the wheel spins', this applies to Bitcoin at this time, Slowly the value of Bitcoin again shows its sharpness.  If we remember again Bitcoin touched the highest price, namely in December 2017 where its value reached USD 19,423.58.  Many factors influence the Bitcoin price, but this year I believe the Bitcoin price will slowly increase but will not touch the same number as in 2017.