Ethereum can rise to $800 in 2020 if this bull ‘mini-cycle’ repeats
Cointelegraph
Published Oct 19, 2020 08:32AM ET
Updated Oct 19, 2020 12:00PM ET
Markets tend to behave in massive cycles. One of those cycles is the previous Bitcoin (BTC) price cycle from 2014 to 2017. However, within those cycles, are multiple smaller cycles that could often repeat.
A similar approach and analysis can be made for Ethereum’s Ether (ETH), which is outperforming BTC year-to-date, as the majority of its impulse upward moves have corrected heavily to retest previous resistance levels.
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Written By: Cointelegraph
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