BITCOIN CYCLE REPEATS – 2017 vs NOW #AltSeason

published on August 2, 2020

Boom shakalaka what is going on everybody randall here from crypto love today's episode we are talking about why i believe bitcoin and cryptocurrencies are repeating themselves why we are right now at the first

Of two alt seasons that are separated by about six months and a 10xing of bitcoin price and proof so if you want to find out why stay tuned what's up guys today we are going

Getting into all the magic that i just discussed before we do that guys we have such an awesome community over on patreon where we chat every day about bitcoin and all coins and all that fun

Stuff head on over to patreoncom crypto love where you can join and get entered into our 500 of bitcoin bi-weekly giveaways thanks to our elite patrons stephen

And justin now guys i believe that bitcoin is almost identically repeating what happened in 2017 it feels very similar okay now i'm not a girl

The beard kind of gives it away i'm not a girl not a bearded lady not a bearded dragon a bearded man with a neck beard that needs to be shaved but i have a feeling again not a lady

But i have a feeling it feels a lot like 2017 okay there's alt season but it's not like alt season of 2017 okay don't have these people everybody talking about these ripples that they

Bought and these lit coins and what to do with their bitty coins and people calling me up because i have a youtube channel how do i get my bitty coins

You know nobody's doing that right now okay this is like alt season on the dl okay so this is all season round one upcoming in the future we have alt season round two which is where

Everybody's gonna want to be in on it but this is all season round one and separated by those two is a parabolic bitcoin run-up so what's the proof well i mean there's you don't need much proof we're in all

Season i mean look at this stuff on coin geckos in seven days yearned out finance up 354 percent swiped up 1195 uma up 1035 percent nest up 945 percent banned protocol 694

Kusama 525 it's bananas b-a-n-a-n-a-s okay but let's take a look back in history come walk with me okay if we take a look back in 2017

As a matter of fact there was a first alt season in june of 2017 when ethereum really took off okay and bitcoin dominance went from 86 percent all the way down to

37 over half percent halfway down okay then bitcoin dominance came back up and then again it dropped in alt season 20 which is the alt season that most people remember this was the one in

January of 2018 this is the one when things went crazy when ethereum prices went up ridiculous and litecoin price went up ridiculous and ripple price went up ridiculous and everything went up

Ridiculous and overall market cap was ridiculous okay that's what everybody remembers but not many people remember this i mean i remember i was talking about in my last video about

Uh buying neo that was the one of the first like big alt coins that blew up that i bought and that was you know sometime in here sometime june july

August sometime then that i bought it and the price shot up then that was one of those ones and that was before alt season 20 well it seems to me that we have an

All-season 10 going on right now we had the defy we have the chain link we have the ample force and all this other stuff that everybody's going bananas for and they all want to

Fomo in at the absolute top okay and then coming up six months later we're going to have all season 20 so this isn't happened in june of 2017 it's july 2020 not too far off so maybe january february 2021

Maybe i don't know but between then we might have a bitcoin run because if we take a look at what the bitcoin price did here we have bitcoin price in june of 2017 was that 2000 if we take a look

It peaked at twenty thousand and we're not 10x in that time now it's no surprise that the price is going to go up i mean pretty much everybody knows bitcoin price is going to go up it's

Just a matter of when robert kiyosaki says it's going up to seventy thousand dollars or seventy five thousand dollars celsius network is lending out at one

Percent loans on your bitcoin because they are pretty sure bitcoin price is going up i mean pretty much everybody knows bitcoin price is going up mcafee is not even eating his own dick

Anymore because bitcoin price i don't know why he's not getting it on a dick we gotta ask him why he's not even his own dick okay hoskinson didn't need you to boot and now mac if he doesn't use his dick i

Mean what kind of world do we live in anymore is there any integrity in this cryptocurrency space i mean goodness so first thing that happens i digress first thing that happens is

Alt season 10 which we're in right now okay the alt season on the dl second thing that happens massive bitcoin parabolic run-up now probably in the next six months but who

Knows i mean because here's the thing if we take a look at bitcoin peaks in history they generally happen in june and then in november and december so there was one that happened in june

Bitcoin price went up well it's not likely to happen again until november december so probably november december bitcoin price will shoot up maybe it'll go up high maybe it'll go up really high as a

Matter of fact if we take a look my prediction october 2021 of 75 000 bitcoin i just like to throw my hat in the ring because what the hell not i'm not going to eat my own dick but

You know because that's just crazy some beautiful girl do it for me but uh my parents watch this this is crazy uh anyways october 20 21 um

Look at this line okay beautiful line right here where it intersects previous all-time high look at that january december january right there with the peak it all lines up

Could it be coincidence maybe but maybe it's more than coincidence i know this episode's getting dragged out but i'm not editing it because it's just too good for editing

And so therein lies why i think we bitcoin is repeating itself we have all season 10 okay little alt season then we have bitcoin parabolic run-up

Then we have big alt season okay so if you're missing out on gains right now not a big thing going to happen again in the future going to be even more massive learn your lessons now so you can take advantage of them in the future

Learn how to not get burned now so you won't get burned in the future learn your lessons now so you won't have to learn them in the future that's the secret of the lesson today so thanks for watching guys that's it for

The episode this week alright thanks for watching join us on patreon love you guys have a good one peace

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