Bitfreedom_Research

ETH FRACTAL SHOWS OCT 2022 $950 BOTTOM

COINBASE:ETHUSD   Ethereum
To any who are not convinced of the bearish case for Ethereum, I defer you to these articles:


realinvestmentadvice...reversion-is-coming/

Simply put, most of the economic activity conducted on Ethereum has been a result of:
1) Millenial / Gen Z Speculators
2) Venture Capital Funds

Without a constant supply of fresh liquidity from the Fed, most ERC-20 tokens will leak value alongside ETH's ticker price.

According to a fractal taken after Ethereum's 2017 blow-off top, ETH should reach <$1000 by OCTOBER. Such a steep decline would represent a GENERATIONAL BUYING OPPORTUNITY, as Ethereum's long-term growth potential is still unbelievably bullish (we are just early).

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