This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
current Bitcoin market cycle with what happened in 2017, when Bitcoin had its first massive bull run to nearly $20,000.
Specifically, it can mean:
🚀 Parabolic run-up: Bitcoin’s price rising very quickly in a short time.
📈 Altcoin season: In 2017, when BTC pumped, later altcoins also saw huge gains.
⏳ Speculative frenzy: A lot of new retail investors entered the market, creating hype and FOMO (fear of missing out).
🔄 Cycle repeat: Every 4 years (around Bitcoin halving), the market tends to have a big bull run, so people see similarities to 2017.
So basically, “BTC 2017 moment again” means the market is heating up and could repeat the explosive growth of 2017.