With incoming growth cycle of DXY, cryptocurrency will see sharp decline.
Im calling ETH to 300 usd.
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There is another viewpoint which is quite similar. There is no way this is going up. I know many people are emotionally attached (overinvested) and have their futures and hopes locked in ethereum. Im not giving any advices and you as an individual have your own decisions to make.
We have seen a decline of over 90% in previous downtrend cycle. This will repeat this cycle, and probably the next one too. Will update this chart despite emotional people calling me names. See you at the bottom.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.