A wide -ranging encryption analyst says that the bottom of the ETHEREUM (ETH) will coincide with the peak of other high assets.
In a new topic, Michaël Van de Poppe Recount It is possible that the “catastrophic” price procedure, which owns 781,600 of its followers, will end on the social media platform X that the upper part of the “catastrophic” prices by mere gold, which increased by 19 % last year, eventually.
“A large catastrophic scheme for ETH. I don’t know where this will lead to the bottom, although I think the peak of gold and the bottom ETHEREUM will be linked.”
According to Van de Bob, gold was gathering recently due to President Donald Trump’s threats, which he says is likely A reverse path In the coming weeks.
“Gold is gathered due to the uncertainty surrounding the tariffs from Trump. I assume this will rotate a week to two weeks:
-Unctainties more.
Labor markets may become weaker.
“Buy rumors, and sell news,” the type of event. ”
gold commerce For $ 3,116 an ounce at the time of writing this report while the value of ETH is $ 1798, a decrease of 63 % from its high altitude ever in November 2021.
Van De Poppe concluded that his analysis with the best encryption assets by the market, Bitcoin (BTC) needs to review its lowest levels at about 76,000 dollars before raising a crowd to the upper direction.
“It seems that it is very important to see some landfill on bitcoin markets. The direction is still less than highlands and low declines. Test at its lowest level before reflection?”
Bitcoin is trading for $ 81,962 at the time of this report.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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