ETHBTC Bounce CONFIRMED - When to expect reaching top of channel
We finally bounced and what a bounce it was!
ETH is off to the races, how high and how soon will we see it peak against Bitcoin?
Mirroring the bounce trajectory from my post in December, we're looking at ETHBTC reaching .054 to .06 between early February and early April; current trend is pointing to the prior not the latter.
To convert that into ETHUSD expectations -- conservatively, if Bitcoin just stays flat until then (LOL imagine)..
0.054 x $31K = $1674
0.06 x $31K = $1860
So we're going to see an ETH ATH sometime soon, how high we go and how soon we reach it is dependent on Bitcoin's performance.
The ETHUSD figures would be higher if BTCUSD grows, but that would probably stall ETHBTC reaching the top of the channel.
Also, CME is around the corner and within this timeframe, and ETH2.0 developments are scheduled for release in this timeframe.
Amazon, IBM, JPMorgan, and more institutions are getting in on the ETH fun too.
Look for the golden dorito, see you on the moon. Lunar yacht party of 1.
Don't listen to me, I'm just an idiot sandwich.
- EK69420
ETH is off to the races, how high and how soon will we see it peak against Bitcoin?
Mirroring the bounce trajectory from my post in December, we're looking at ETHBTC reaching .054 to .06 between early February and early April; current trend is pointing to the prior not the latter.
To convert that into ETHUSD expectations -- conservatively, if Bitcoin just stays flat until then (LOL imagine)..
0.054 x $31K = $1674
0.06 x $31K = $1860
So we're going to see an ETH ATH sometime soon, how high we go and how soon we reach it is dependent on Bitcoin's performance.
The ETHUSD figures would be higher if BTCUSD grows, but that would probably stall ETHBTC reaching the top of the channel.
Also, CME is around the corner and within this timeframe, and ETH2.0 developments are scheduled for release in this timeframe.
Amazon, IBM, JPMorgan, and more institutions are getting in on the ETH fun too.
Look for the golden dorito, see you on the moon. Lunar yacht party of 1.
Don't listen to me, I'm just an idiot sandwich.
- EK69420
