for me its a short term ralley followed by wrecked.
We are now discovering the relationship between Bitcoin and inflation. This seems to be a leading indicator, possibily bitcoin is tell us the future of inflation. With Tappering in place and rate rises next year its likely this trend will continue!
Not sure where this will end up a sucker rally or next leg down ?
My Ideas on the movement of ETH/USD. Either way with Proof of Stake coming out we are headed north im certain of that. My graphs assume that and work out where to buy and sell based on this idea.
Think we will see a bounce here to the 380 level then a rejection down. see how i go