Hello all,
Just speculation for fun from a fellow beginner and ETH holder.
We seem to be forming a pattern similar to 2018s Cycle bottom.
2018s cycle went down 94% from ATH to bottom. This cycle we've gone down around 70% from ATH.
if cycles were to somewhat repeat we could be in for another 60% to 80% correction at the current price in the worst case scenario OR a 180% increase throughout late January / Early February of 2023 which would mean ETH at around 4k with room for growth if macro economics don't deteriorate too much.
What do you think?
Just speculation for fun from a fellow beginner and ETH holder.
We seem to be forming a pattern similar to 2018s Cycle bottom.
2018s cycle went down 94% from ATH to bottom. This cycle we've gone down around 70% from ATH.
if cycles were to somewhat repeat we could be in for another 60% to 80% correction at the current price in the worst case scenario OR a 180% increase throughout late January / Early February of 2023 which would mean ETH at around 4k with room for growth if macro economics don't deteriorate too much.
What do you think?