As a network, Metcalfe's law is one way to value $ETH and BTC reasonably well.
Normalizing the price to a zero and 100 percent level is a powerful way to estimate the next price movement.
I put 0 at the lowest and 100 at 2017-2018 all-time high level and extend the Fibonacci lines.
The estimation is ETH at $4200 in the next 4-5 weeks following what bitcoin did.
Normalizing the price to a zero and 100 percent level is a powerful way to estimate the next price movement.
I put 0 at the lowest and 100 at 2017-2018 all-time high level and extend the Fibonacci lines.
The estimation is ETH at $4200 in the next 4-5 weeks following what bitcoin did.