Hello everyone.
As you can see on graph, here is simple trend lines, that shows us two variants of eth stop falling. First is around 175, second is near 125. I guess, that we have better chances to stop falling at 125, then 175.
Reasons for falling is quite clear: Bitcoin softfork and ICOs, that try to sell all eth, that they earned before. Demand on eth small due to previous fall, but supply is quite massive because of ICOs, that want to convert eth to fiat money.
I guess that BTC will cost 1300-1400 at the bottom, and eth around 0.08-0.09 for BTC. That means 110-130 USD for ETH.
But keep your chin up, i guess we will see very interesting autumn.
Do you agree with me? Leave your opinion at comments. Have a nice day)
As you can see on graph, here is simple trend lines, that shows us two variants of eth stop falling. First is around 175, second is near 125. I guess, that we have better chances to stop falling at 125, then 175.
Reasons for falling is quite clear: Bitcoin softfork and ICOs, that try to sell all eth, that they earned before. Demand on eth small due to previous fall, but supply is quite massive because of ICOs, that want to convert eth to fiat money.
I guess that BTC will cost 1300-1400 at the bottom, and eth around 0.08-0.09 for BTC. That means 110-130 USD for ETH.
But keep your chin up, i guess we will see very interesting autumn.
Do you agree with me? Leave your opinion at comments. Have a nice day)