3 key ways 2021's Bitcoin bull run may differ from 2017's

3 key ways 2021's Bitcoin bull run may differ from 2017's

Bitcoin price has overtaken its 2017 high, but should investors expect the top-ranked altcoins to do the same? After a rather lengthy wait, Bitcoin price is finally back to the same price range it was in 3 years ago. Back in 2017, when the Bitcoin (BTC) price peaked near $19,900, most altcoins also posted 200% or higher weekly gains.Fast forward to the present time, and BTC's $19,100 price is virtually identical to where it was on Dec. 17 2017. One might think that not much has changed, despite some altcoins crashing, but that couldn't be more distant from the truth.Crypto market data....


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More people use Bitcoin now, but transaction fees are much lower than during the 2017 bull run. As Bitcoin (BTC) keeps hitting new all-time highs past $20,000, its network fundamentals paint a different picture compared to the previous 2017 bull run.Three years ago, on this very day, Bitcoin reached its first major all-time high of $20,000, recording up to 2,000% gains for that year. Over the course of 2020, Bitcoin enjoyed another price rally pushing its price to new historic highs and crossing $23,500 on Dec. 17 for the first time ever.Comparing the bull runs of 2017 and 2020, one may....

TradingView general manager explains how the current crypto bull market is un...

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Dogecoin Price Completes First Bull Phase Similar To 2021, Here’s What Comes ...

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Bitcoin is now trading well above $20,000, and at this point will never again see under five-digits. And although the clean break of $20,000 was proof enough that a massive bull run was here, the Relative Strength Index has also breached into bull territory for the first time since 2018. Comparing past crypto market cycles, Bitcoin is already far more bullish this time around than it was back in 2017. That rally took the crypto […]