Actually for this year the cryptocurrency market has experienced a 3X increase from its lowest point last year. and in my opinion right now if we want to wait for the same thing to increase in 2017 at least we have to be patient again because this year it seems like the increase won't happen. 2020 will be a great hope for the rise of the crypto market
This year is still have 2 more months and anything can happen in crypto.
In 2017 bitcoin just need 2 months from 6k price to it's all time high. So i think we have to optimistic to every price chart condition because crypto is sometimes upredictable.
Buying bitcoin with current price is not bad i think, but don't forget to set a stop loss
in 2017 bitcoin could reach ATH bcz of many process before, such as many good news, good sentiment, better regulation, etc
that's why the price can go up real quick. bcz there are trigger price to do
if we compare with this year, it is so different, i dont see huge trigger to increase its price. so it seems impossible
We have better regulations than in 2017 and the mainstream knows much more about cryptocurrencies than they did then. I agree that there is not many good news and sentiments are difficult to recognize, but it was a very long bear market and we all see that we have a period of stability. Hunger is rising... People want to see increases, and if the market wants it, it will happen. The rocket will launch soon