- ETH's valuation traveled too high and too fast. - Too many people believed prices go up and never down. - ETH's singed wings will return it to a healthy low. - If auspicious, ETH will hit its LOW as XBT takes off for a new HIGH. - ETH low = 100 - XBT high = 3650
- Smart $$$ still sitting out market. - ETH not viable at levels over EMA200. - ETH needs a solid reboot before it can embark on any upward movement.
- XBT will hit 'all time high' w/ new $$$/hype thrown at BIP91/Segwit2x. - 'All time high' will crest around 3500-3750USD. - If there are any hiccups w/ BIP91/Segwit2x, XBT will quickly retract/return to 2000-2300USD. - Sidenote: I see XBT as a commodity. I don't think it will ever have real application.
- ETH is still vacillating. Ranging between 210 - 230. - Another downtrend cloud forming on the horizon. - ETH has to find a 'true' bottom to reset itself and the market. - A healthy bottom that will attract $$$ is (80 - 100).