January, lowest price so far; $111.97.
Price currently 115.69
What does this mean to me? It means the price is decreasing steadily.
What do I expect? For Ethereum to be at a price of 110 dollars at the most.
Furthermore, a dump it's coming fingers crossed that it will happen in January (7 days remain) However it is far more likely to happen in February as this month is soon to end.
Would not be surprising if we met our previous bottom at $80.91 however something tells me that will not hold recovery to likely be around 50-60 dollars. BUY
But wait there's more!
Assuming my dates are off (likely as only god knows) what you can hope for (worst case scenario) is sideways action that will carry throughout the time span of 60 days
From now until mid April.
This to me is really, well... Unfortunate as this suggests current market buyers are merely postponing the inevitable .
Yours truly,
Dufaus