Catalysts that fueled the 2021 bull run. Will 2022 see another rally? (Timeline)

2021 was a pretty good run with all time highs across the whole board.

Here's a timeline of events that helped fuel and shape the bull run of 2021.

Will it continue into 2022?

How the 2021 bull run started:

May 2020 to January 2021:

• Bitcoin halving begins and crypto starts to slowly pick up, going from 11k to 30k. There's a bitcoin halving every 4 years. The next halving is expected between February-May 2024.
• People receive their first round of stimulus checks in Q4 2020.

February 2021:

• Elon announces Tesla will accept Bitcoin as a payment. Purchases $1.8B. Bitcoin value skyrockets from 30k to 58k by the end of February 2021: Source
• Another round of stimulus checks sent out in Q1 2021.

March 2021:

• Price of Bitcoin continues its rally to 61k in March, holding the 50-60k range.
• A 3rd round of stimulus checks announced for late Spring.
• FDA announces approvals for Covid Vaccines Q1-Q2, giving people hope for a return to normalcy.

April 2021:

• Price of Bitcoin hits an all time high of 63k in early April.
• Coinbase IPO launches and dumps on its first day April 14th, continuing to fall from this date forward.
• Elon hosts SNL on April 20th and calls crypto a "hustle".
• Bitcoin drops to 50k during that week and picks up to 55k by the end of the month.

May 2021:

• On May 12th, Elon announces Tesla will no longer be accepting Bitcoin due to environmental concerns: Source
• China announces crypto ban.
• Price of Bitcoin plummets to 35k by the end of the May. Close to a -50% drop in value.

June – August 2021:

• Stagnation period throughout the summer, as Bitcoin holds 35-40k range.
• El Salvador announces geothermal Bitcoin miner.
• A wild PlanB appears, showing his Bitcoin chart, along with projected price expectations: Source
• Bitcoin price closes August at 47k, validating PlanB's analysis and expectations.

September 2021:

• PUA unemployment benefits officially end for millions of citizens.
• China announces Dec 31st as a deadline date for citizens to withdraw crypto, due to the ban.
• Crypto and Stock markets see a downtrend at the start of September. Bitcoin swings around 40k-45k for the first half and closes the month at 43k.
• El Salvador announces Bitcoin will be accepted as legal tender.
• 43k was the next price expectation for September from PlanB, further validating his analysis. More people start to notice and hype builds up for his data findings.
• People receive their 3rd stimulus check and tax credit refunds.

October 2021:

• Stock markets recover and resume the uptrend.
• Bitcoin shoots up from 43k to 55k in the FIRST WEEK of October as PlanB hype builds up.
• Bitcoin hits 66k in mid October and closes the month at 61k, 2k short of PlanB's expectation.
• PlanB hype continues to build up as the holiday season nears.

November 2021:

• Bitcoin hits an all time high of 69k in mid November.
• Thanksgiving and Black Friday week see some selling action. Bitcoin falls to 57k at the end of the month, falling short of PlanB's expectation of 98k by monthly close.
• Omicron, a new covid variant is discovered and poses global risk.
• PlanB starts going on a tweeting tangent, posting questionable content relating to Covid, lockdowns and vaccinations. The twitter account almost seems like a propaganda plug at this point, while he uses his newfound influence to push his personal opinions on 1.6M subs that he has farmed from his chart data hype.
• India announces crypto ban.
• Fed tapering announcements.
• Elon tweeted about taking a dump.
• People start to lose hope for PlanB and the memes begin.

December 2021

• On 12/3, The crypto market crashes. Alts lose over -50% value. Bitcoin bottoms at 41k.
• PlanB memes continue into December and he goes mostly quiet, calling the reason for the crash "a black swan event".
• PlanB shifts his goal posts.
• Benjamin Cowen comes out to play with his "Lengthening Cycles" data and people start to shift over to him.
• Santa rally fomo begins and ends abruptly.
• A constant stream of fud hits the final week of December: China selloffs for the Dec. 31st deadline of their crypto ban, tax related wash sales, fed tapering, tether shenanigans and Covid lockdowns due to rapidly increasing cases.
• Bitcoin closes the year at 47k, further invalidating PlanB and his 135k EOY expectation.

What's in store for 2022 so far?

• Crypto still has Benjamin Cowen with his lengthening cycles data.
• Covid cases are rapidly rising after the holiday season. Who knows where this ends up or how the market is affected at this point.
• NO MORE stimulus checks. Unlikely to see anything regarding this.
• Whatever Jack Dorsey is doing with Block and his consistent negative opinions towards web3.
• Michael Saylor – Who knows what he's planning with his holdings. Lending?
• Better adoption?
• Fed tapering
• Inflation
• Alt season?
• Bear market/crypto winter?
• PlanB round 2? (lol)