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  • Bitcoin At $100,000 Imminent: Difference Between 2017 Rally and 2020 Bull Market

    Posted by Nicholas  on November 21, 2020 at 7:43 pm

    ⬆️ The current bull market (2020-2021) is completely different from the last (2016-2017) though the technical chart analysis shows quite some similarities however the fundamentals backing it up are completely distinct.

    1️⃣

    ?2017 Bull Run:

    Propelled by retail investors looking for quick gains and easy ways to get rich.

    ?2020 Bull Run:

    Propelled by institutional investors having come to full understanding of the idea about bitcoin as seen in the embrace of the likes of Paypal, Square, Sachs, etc.

    2️⃣

    ?2017 Bull Run:

    Less recognition, several bans and no national acceptance.

    ?2020 Bull Run:

    Full recognition as a store of value and a hedge against inflation(as seen by Goldman Sachs, JP Morgan, Citibank, Grayscale,etc).

    3️⃣

    ?2017 Bull Run:

    Limited options for crypto purchases and access to bitcoin

    ?2020 Bull Run:

    Unlimited options to purchase bitcoin and cryptos, as the likes of Paypal, Binance, SimplexCC, bitcoin ATMs and so many availabilities…


    ? Considering the solid fundamentals backing up the 2020 rally and not just the regular online hypes and shilling.

    This time around the rally will be nothing like we have ever seen a mega change is about to happen


    ? HODL your lots folks, There’s just 16million of this.?

    Nicholas  replied 3 years, 8 months ago 1 Member · 0 Replies
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