$ETH vs $BTC
Updated
Published this way back around 1400$ on twitter, but ETH is still following the BTC 2017 fractal.
Off course the moves won't be the exact same, especially with black swan events like COVID, but I tried to illustrate this as simple as possible.
What I'm expecting next:
- 6k in September
- 4k retest in October
- 10k in November
- 20k+ in February at the end of the bull market
The numbers are a very vague estimate, but I believe ETH will continue to surprise everyone and simply follow 2017 BTC's path.
FA checks out as well, but ETH staking/burning rising on a daily basis, NFT market booming, Metaverse on the up and coming.
When ETH 2.0 is released fully, and everyone will get to dump their staked ETH, is when I expect ETH to crash hard. (this should be in Q1/Q2 2022 ethereum.org/en/eth2/merge/).
Off course the moves won't be the exact same, especially with black swan events like COVID, but I tried to illustrate this as simple as possible.
What I'm expecting next:
- 6k in September
- 4k retest in October
- 10k in November
- 20k+ in February at the end of the bull market
The numbers are a very vague estimate, but I believe ETH will continue to surprise everyone and simply follow 2017 BTC's path.
FA checks out as well, but ETH staking/burning rising on a daily basis, NFT market booming, Metaverse on the up and coming.
When ETH 2.0 is released fully, and everyone will get to dump their staked ETH, is when I expect ETH to crash hard. (this should be in Q1/Q2 2022 ethereum.org/en/eth2/merge/).
Note
Another way to visualize it:Note
One other possibility is the ETH 2017 fractal. ETH is basically at a big decision point right now.
We'll have our answer very soon.
Note
Eth chose BLUE. 2017 ETH fractal. Very unfortunate short term, but would mean we get decent buying opportunities in the next 2 weeks.
I would not long any alts here.
Looking to close all positions when mean revert up.
Expecting BTC to test 49k and fail at some point soon. This is where I'll exist all my positions.
If we see any reclaims of weekly opens, I'll simply rebuy.
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