Since the Ethereum price is entirely dependent on Bitcoin and Bitcoin itself is expected to keep its bearish momentum for a while, we assume an extension of ETH's gigantic falling wedge.
On a final sellout and panic incident, we see the real capitulation between $15 and $25, which would set ETH slightly above its mean before the 2017 bull run.
But note: In that case we will also see a huge large-scale upwsing and it will be extremely hard to time. Make sure to setup your plans for this type of scenario.
On a final sellout and panic incident, we see the real capitulation between $15 and $25, which would set ETH slightly above its mean before the 2017 bull run.
But note: In that case we will also see a huge large-scale upwsing and it will be extremely hard to time. Make sure to setup your plans for this type of scenario.
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