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Is Ethereum Repeating its Summer 21-22 Structure, Too?
Ethereum
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Is Ethereum Repeating its Summer 21-22 Structure, Too?
By dudebruhwhoa
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May 23, 2023
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May 23, 2023
Bitcoin and Ethereum both have nearly identical structures to fractals of their Summer 2021-2022 movements:
Everything is negatively correlated with DXY. This could occur if DXY makes a strong move back above its local highs:
jira.gearboxsoftware.com/browse/OAK2-57559
There is also a bull case to be made, also using a fractal of a previous cycle:
Bitcoin (Cryptocurrency)
BTC
DXY
ETH
Ethereum (Cryptocurrency)
ETHUSD
Fractal
negativecorrelation
dudebruhwhoa
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