Possible Second Market Distribution Through Ethereum
Why should I write a lot when a picture is known to be worth a thousand words?
But unfortunately I am too stupid to post a second picture of Bitcoin here. So let's talk.
The current price of the Ethereum and its movements are reminiscent of that of Bitcoin before and during its distribution phase.
1. First comes the uptrend with the necessary volume.
2. This is followed by a major price correction as the first sign of weakness
3. The further price increase is accompanied by decreasing volume.
4. The asset goes through a distribution phase.
Disclaimer: This analysis is an excerpt from the IOTA forecast on the German crypto blog Bitcoin-Bude
But unfortunately I am too stupid to post a second picture of Bitcoin here. So let's talk.
The current price of the Ethereum and its movements are reminiscent of that of Bitcoin before and during its distribution phase.
1. First comes the uptrend with the necessary volume.
2. This is followed by a major price correction as the first sign of weakness
3. The further price increase is accompanied by decreasing volume.
4. The asset goes through a distribution phase.
Disclaimer: This analysis is an excerpt from the IOTA forecast on the German crypto blog Bitcoin-Bude
