Post
Topic
Board Trading Discussion
Re: Why Bitcoin won't grow fast as it was in 2017
by
el kaka22
on 07/11/2018, 16:14:48 UTC
Logically, we are not already in the year 2017. We are presently at 2018 which is considered to be the toughest road for cryptoworld it had took since its existence. Let's just wait for the right year to come to see another set of 2017 or even more than that.
That is what usually happens when you get to see the market over sold anyway as you tend to see some level of possible reversal, but we also have to understand that no matter what, the bottom may not even be reached yet even if we tend to go on a short term move upward. Apparently, judging from the fact that this market has been bearish since January, there is already a huge indication that this market has been bearish, so expecting some huge increase is something that will probably not happen, so I do not expect anyone to be thinking of the possibility of a bull run at this point in time at all.

we should not just be expecting the possibilities of any new ATH at all this year.
People do compare this year with 2017 just to find why we are not having similar growth as most people have realized that new ATH is not possible in 2018. Primarily what suddenly changed in 2018 which lead to have different market conditions from 2017. But, this is how most markets do work and we cannot blame anything nor anyone for that.