The price of the crypto king has stagnated sideways since hitting rock bottom in June at a price just above the 17.5k mark. I've heard of many forecasters calling for another crypto winter similar to the one experienced after hitting the 20k peak for the first time. It certainly must seem logical to extrapolate such qualities as the duration from previous corrective periods onto the current one. What most of these forecasters fail to take into account is that the "crypto winter" was actually a corrective wave of a higher degree than the one I believe has just finished. When measured against its corresponding previous corrective wave, it actually resembles a great level of equality even in its duration. Wave 2 last approximately 36 weeks and the current corrective wave if over where I'm depicting, would have a duration of 31 weeks, just over a month shy of its predecessor.
I am looking to get a position in this market. Also, Ethereum moves in tandem with Bitcoin and so I am looking to establish a position there as well.
I am looking to get a position in this market. Also, Ethereum moves in tandem with Bitcoin and so I am looking to establish a position there as well.
