Visited 21 day MA.
Recently broke symmetrical triangle to the upside.
Touched ATH price, MAYOR key level. With significant volume.
BTC volume flowing to ETH and alts.
Probable scenario 1: BTC consolidates for a few days, this will consolidate ETH from 1200s to 1400s, until it eventually breaks ATH zone.
Scenario 2: Hype will drive ETH price skyrocket clearly above ATH zone.
If it’s true there actually is institutions involved in crypto now, I’ll expect scenario 1, since they’re will want to shake weak hands off and gather as much ETH as possible.
Recently broke symmetrical triangle to the upside.
Touched ATH price, MAYOR key level. With significant volume.
BTC volume flowing to ETH and alts.
Probable scenario 1: BTC consolidates for a few days, this will consolidate ETH from 1200s to 1400s, until it eventually breaks ATH zone.
Scenario 2: Hype will drive ETH price skyrocket clearly above ATH zone.
If it’s true there actually is institutions involved in crypto now, I’ll expect scenario 1, since they’re will want to shake weak hands off and gather as much ETH as possible.
