🔍 Exploring the potential of ETH: Can it replicate the impressive performance witnessed in July 2020? Back then, Ethereum witnessed a significant surge, capturing the attention of traders and investors alike. Now, we delve into the analysis, examining market dynamics, fundamental factors, and technical indicators to gauge if ETH is poised for a similar rally. Stay...
Interesting observation! The chart for AMEX:ARKK seems to exhibit a pattern similar to the bubble and burst pattern seen in $CSCO. If history repeats itself, we might anticipate a potential bottom around the end of this year. Keep a close eye on the trends! #StockMarket #Investing
Bitcoin is in the Disbelief Phase. Sideway Consolidation in May will give people Hope. BTFD before Optimism comes back. "History does not repeat itself, but it Rhymes." - Mark Twain
Weekly long-term trade. Scale-in at any dips.
Will tech companies will pull the market down to the black hole like 2000 this time?
Both market structures in 2013 and 2017 suggest this bull run may bring Bitcoin to $164,000. "History does not repeat itself, but it Rhymes" - Mark Twain
ETH this time runs similar to the 2017 bull run with a month earlier in the monthly cycle. Expects a correction in May and it may last for a few months. The good news is it's not the cycle Top yet. ;-)
If this fractal keeps matching, ETH will bounce to 2700 area, then slowly bleeding afterward.