- ETH's valuation traveled too high and too fast.
- Too many people believed prices go up and never down.
- ETH's singed wings will return it to a healthy low.
- If auspicious, ETH will hit its LOW as XBT takes off for a new HIGH.
- ETH low = 100
- XBT high = 3650
- XBT will hit 'all time high' w/ new $$$/hype thrown at BIP91/Segwit2x.
- 'All time high' will crest around 3500-3750USD.
- If there are any hiccups w/ BIP91/Segwit2x, XBT will quickly retract/return to 2000-2300USD.
- Sidenote: I see XBT as a commodity. I don't think it will ever have real application.
- ETH is still vacillating. Ranging between 210 - 230.
- Another downtrend cloud forming on the horizon.
- ETH has to find a 'true' bottom to reset itself and the market.
- A healthy bottom that will attract $$$ is (80 - 100).