EthereumLong
Ethereum: Volatility is the price you pay for performance
Ethereum's price history has been spectacular. Here are the Elliot Waves for the 2015-17 bull market (Binance prices):
(0) 10/19/15 $0.42
(1) 6/13/16 $21.67 51.6 fold
(2) 12/5/16 $6.04 -72.1%
(3) 6/12/17 $439.90 72.8 fold
(4) 9/11/17 $193.33 -56.1%
(5) 1/9/18 $1529.49 7.9 fold
Here are the Elliot Waves for the 2018-22 bull market:
(0) 12/7/18 $79.06 -94.8%
(1) 6/24/19 $383.30 4.8 fold
(2) 3/9/20 $84.61 -77.9%
(3) 5/10/21 $4646.57 54.9 fold
(4) 1/20/22? $2700? -41.9%?
(5) 12/15/22? $25000? 9.3 fold?
Admittedly, prices for ends of waves coming are educated guesses. However, the (1) and (3) waves have lined up well with the (5) wave in the 2015-17 bull market. I think there is a good chance ETH goes to $25000 by the end of this year.
(0) 10/19/15 $0.42
(1) 6/13/16 $21.67 51.6 fold
(2) 12/5/16 $6.04 -72.1%
(3) 6/12/17 $439.90 72.8 fold
(4) 9/11/17 $193.33 -56.1%
(5) 1/9/18 $1529.49 7.9 fold
Here are the Elliot Waves for the 2018-22 bull market:
(0) 12/7/18 $79.06 -94.8%
(1) 6/24/19 $383.30 4.8 fold
(2) 3/9/20 $84.61 -77.9%
(3) 5/10/21 $4646.57 54.9 fold
(4) 1/20/22? $2700? -41.9%?
(5) 12/15/22? $25000? 9.3 fold?
Admittedly, prices for ends of waves coming are educated guesses. However, the (1) and (3) waves have lined up well with the (5) wave in the 2015-17 bull market. I think there is a good chance ETH goes to $25000 by the end of this year.
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