Quote from: Fundamentals Of on November 10, 2020, 01:48:08 PM

Quote from: Sayeds56 on November 08, 2020, 02:24:15 PM

History always repeats itself but you never know when it does. The Bitcoin made all time high record back in 2017, the track record of BTC is that every three years it breaks it ATH record.

Who knows? You and I are essentially guessing despite all the track records and patterns Bitcoin left all those years.

But it is possible that the previous ATH will repeat in the same month this year and eventually be broken right after. We seem to have all the reasons to believe that it will happen. There are large institutional investors which are now showing a lot of confidence in Bitcoin by having a good portion of their funds devoted to it.

Perhaps, that is right. But we don't know if the new ATH will happen the same as what we predict. It is too difficult to predict when it comes because bitcoin patterns will not be the same from time to time. We could only prepare for the coming of the bull run by buying a lot of satoshi from now on, so we don't miss the chance to sell bitcoin at a high price.

Perhaps, bitcoin price will touch $20k this year or next year, but to make a new ATH will still need more time. We don't know how high the next ATH, but I guess that the bitcoin price will pass $20k.