Left chart is ETH right now. Right chart is ETH in 2017. Everybody sees the similarity and I don't think I need to repeat. If we do follow the 2017 pattern, crypto hodlers are going to have a nice Christmas gift. Or is it too easy and too obvious?
There is no doubt that cryptos are bullish. But the problem is just the time horizon. I wouldn't be surprised to see the 2017 pattern plays out again, but on the other hand, BTC is just testing the 63k ATH resistance a second time. Last time when BTC thrusted to 64k it was a trap. Is BTC ready to rally as well or will it drag other stuff (including ETH) down the water?