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24439544 No.24439544 [Reply] [Original]

In the 2017 Bullrun there was a ton of media hype and the newness factor which led to many buying Bitcoin for the first time. The spikes were off the charts. None of that has happened so far in 2020. Compare the charts. There is no huge spikes to be seen in 2020. We have 1/5th the momentum we had in 2017. How is there going to be a bullrun when the 2020 charts look like this?

>> No.24439595

>>24439544
This time it's different.

>> No.24440328

>>24439544
What this tells us is we're still really early. We hit ATH again and the bullrun hasn't even properly started. It's gonna get crazy

>> No.24440570

>>24439544
We are still in 2016.

>> No.24440585

>>24439544

>> No.24440639

This is comparable with 2016, where we reached ATH again. After that came a year of steady gains.

If maps perfectly with the halving cycle theory. The real bullrun is end of 2021, not now. For now, we break ATH and grow while gaining media attention and hype.

>> No.24440703

>>24440328
>>24440570
>>24440639
this, there is still media attention right now for the people that are paying attention, but by the end of 2021 i honestly expect literally everyone i know to be talking about crypto, even the people that had been previously shaking their heads at it years prior, because there are going to be so many institutions coming out and finally announcing to the normies that "crypto is a sure thing, and it's here to stay"

>> No.24440747

>>24439544
In 2017, zoomers only bought crypto. Today they know about stocks so there's relatively less money (compared to the overall market) going into crypto.

>> No.24440755

>>24440703
This this
Bullrun beginning media attention: An article in the New York Times about bitcoin
Bullrun ending media attention: A Front Page article in the New York Times about bitcoin

>> No.24441140

>>24440703
>there are going to be so many institutions coming out and finally announcing to the normies that "crypto is a sure thing
How would they do a thing like that? How?

>> No.24441152

>>24441140
Paypal announcing that they'll accept crypto transactions is a good start.

>> No.24441980
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24441980

>>24440570
1933.