Ethereum to hit ~20k end of year?

2021年8月5日

For the ETH chart here, you can see there are two turquoise trend lines creating a channel and a red trend line creating a more fluid representation of the price action over the years. The two green paths with pink ellipses around them, one during 2017 and the other now, indicate the fractal pattern that could possibly ensue bringing us to ~20k. The percent increase in price in 2017 also happens to put as right at ~20k at the end of the year, which is thrown around quite often. Notice the two green paths and the two pink ellipses; there are also two ascending turquoise trend lines for the increases prior to the green paths breakout. The expected drop after this run may be quite similar as it was in the past, but it could very well be different. I will also be linking this idea as related to a BTC chart I'm posting right after this; they are both seemingly repeating history.