Back in 2018 we saw something similar where it was a heavy drop and a retrace to .5 in the fib retracement.. we always hear about the next big bull run but in the back of everyone's mind is profit now.
I imagine we see a push to 2800 maybe 3000 to snag some extra cash before a drop amd a waiting period
I dont see ETH going straight to 10,000 right now what would be the fun in that... the world's avoiding the USD, massive banking corporations are being shut down, major crypto platforms like Bittrex denying US customer and forcing them to thee most (sorry were shut down during peak trading hours platform) Coinbase. Is something to keep in mind when dealing with crypto as that has potential to boost everyone's profits before the crash.
However if the world is all going to be in debt to China anyways they must have a way to keep everyone looking for something to cash out on and make some money. When everything is stored in the ledger and we know how much everyone owes everyone forever we can start to see how difficult it will be to ever pay off our debts. Especially when the market has a bunch of orders trapped at 3,000.
This is just what on my mind for looking at previous chart data.
Good luck and have fun with it
I imagine we see a push to 2800 maybe 3000 to snag some extra cash before a drop amd a waiting period
I dont see ETH going straight to 10,000 right now what would be the fun in that... the world's avoiding the USD, massive banking corporations are being shut down, major crypto platforms like Bittrex denying US customer and forcing them to thee most (sorry were shut down during peak trading hours platform) Coinbase. Is something to keep in mind when dealing with crypto as that has potential to boost everyone's profits before the crash.
However if the world is all going to be in debt to China anyways they must have a way to keep everyone looking for something to cash out on and make some money. When everything is stored in the ledger and we know how much everyone owes everyone forever we can start to see how difficult it will be to ever pay off our debts. Especially when the market has a bunch of orders trapped at 3,000.
This is just what on my mind for looking at previous chart data.
Good luck and have fun with it