First bad news. Our “community” effort didn’t work out this time, the count for ETH, mentioned in the last update, is invalidated by now.
The author needs one more night to consider what could be the pattern we are having now.
And here comes the second news.
Some of our big predictions came true..
As expected, BTC is falling hard. The author kept posting the charts and warning of this pending decline regularly and even advised directly (quite rare action by itself) “if you feel bearish, position yourself. Drop can happen anytime” in this post already on the 30-th of June.
And, most importantly, the final battle and big shootout, as predicted in the last literature-style update, definitely started..
Get ready, it will become even more crazy. Expect first the sentiment (euphoria) madness in ETC reaching the absolute high (and corresponding depression in ETH) and then “unexpected” reverse.
Ok, time for charts. ETCBTC is a crazy pair now. We were able to identify precisely where the retracement before this actual rise should end. Could we also identify where this rise will stop?
It seems to be the most likely scenario that we will see the top for ETCBTC at around 0.065
However, we will need to check the sentiment at this level. In case we go higher and the crowd is still not 99 % sure that ETC is the winner and ETH will slowly die, the next stop could be somewhere around 0.09
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