(*EDIT* The purple band is a bit fiddly to get right. PLEASE - adjust the scale on the right-hand side until the ALL THREE of the "3-4" lines are across it. THANK YOU!**)
ETH travels a channel over time from relative weakness to strength and back again against BTC.
On a log scale you can see the market cycle beginning a third very predictable ramp right now.
My predictions for where the 3-4 points are placed is based on the purple band that goes through this resistance phase in the last two cycles.
My prediction is top of the channel by June just under .5 BTC per ETH - both the historical significance of this resistance level and the significant numerical strength of exactly 1/2 the value of BTC will likely make this the top.
Time will tell... =)
ETH travels a channel over time from relative weakness to strength and back again against BTC.
On a log scale you can see the market cycle beginning a third very predictable ramp right now.
My predictions for where the 3-4 points are placed is based on the purple band that goes through this resistance phase in the last two cycles.
My prediction is top of the channel by June just under .5 BTC per ETH - both the historical significance of this resistance level and the significant numerical strength of exactly 1/2 the value of BTC will likely make this the top.
Time will tell... =)