Ethereum repeating 2016/17 fractal? or WHAT THE WEF WANTS
The geometry is very similar, but not identical…
Having been there last time i'd say sentiment is similar…
Having successfully completed the merge, ethereum is now eco-friendly and consistent with the digital eco-agenda reset…
It is clear the days of fiat currency are numbered and the old financial system is being rebooted.
Inflation is rampant and the volatility in fx markets is picking up. America’s strong dollar policy will be challenged. Cryptocurrencies have not crashed despite a parabolic up move on the dollar. Retail traders are net long dollar and short risk assets. If we get a sharp down move in the dollar the above fractal can easily play out as the invincible dollar narrative is questioned.
Crypto assets have thus far not been a hedge for equities; but they may henceforth prove to be a hedge for fiat currencies…
Satoshi conceived bitcoin not as digital gold, but as peer to peer cash; and with the lightning network up and running- this is no longer a meme. Cryptos have gone sideways despite a parabolic blow off top on the dollar. If the dollar corrects hard now all bets are off- for stonks and cryptos…
It is my belief that ethereum will be the (a)ether for the new financial system…
So whilst the fractal on a log scale gives exponential targets..
I actually think these are reasonable…
LET'S SEE WHAT HAPPENS
GRI 2022
DISCLAIMER: This idea is for entertainment only
Having been there last time i'd say sentiment is similar…
Having successfully completed the merge, ethereum is now eco-friendly and consistent with the digital eco-agenda reset…
It is clear the days of fiat currency are numbered and the old financial system is being rebooted.
Inflation is rampant and the volatility in fx markets is picking up. America’s strong dollar policy will be challenged. Cryptocurrencies have not crashed despite a parabolic up move on the dollar. Retail traders are net long dollar and short risk assets. If we get a sharp down move in the dollar the above fractal can easily play out as the invincible dollar narrative is questioned.
Crypto assets have thus far not been a hedge for equities; but they may henceforth prove to be a hedge for fiat currencies…
Satoshi conceived bitcoin not as digital gold, but as peer to peer cash; and with the lightning network up and running- this is no longer a meme. Cryptos have gone sideways despite a parabolic blow off top on the dollar. If the dollar corrects hard now all bets are off- for stonks and cryptos…
It is my belief that ethereum will be the (a)ether for the new financial system…
So whilst the fractal on a log scale gives exponential targets..
I actually think these are reasonable…
LET'S SEE WHAT HAPPENS
GRI 2022
DISCLAIMER: This idea is for entertainment only
Comment:
Yield
Curve
Control