This is the explanation of why i think this is what its going to happen soon:
People buy ethereum with bitcoins, ethereum is in a parabollic movement for sure a bubble. Ethereum will grow until bitcoin cannot go lower. This pink line is the historical floor for bitcoin, so probably that's the limit. Then Ethereum sellers won't find buyers, so the bubble will bust.
I'm posting also the ETH bubble as i think it will be drawn.
Comment:
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People buy ethereum with bitcoins, ethereum is in a parabollic movement for sure a bubble. Ethereum will grow until bitcoin cannot go lower. This pink line is the historical floor for bitcoin, so probably that's the limit. Then Ethereum sellers won't find buyers, so the bubble will bust.
I'm posting also the ETH bubble as i think it will be drawn.