#ETH Ethereum is forming a similar structure to what we wi | Kri on Binance Square

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#ETH 
Ethereum is forming a similar structure to what we witnessed in the previous cycle before it pumped by 13x.
$ETH 

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#Altcoins ETH/BTC is about to break out of a downtrend that began in December 2021. It appears the price is trading inside a broadening wedge pattern. If price breaks out of the falling trendline, the next target would be the top of the wedge. If ETH breaks out here, altcoins are going to bounce hard.

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#Bitcoin    has topped out ? 🤔 A consolidation or dip after the Bitcoin halving is very common, as seen in each cycle. Historically, these dips have been a good time to accumulate some Bitcoin. Many people confuse this with distribution or a cycle top and end up selling early or staying on the sidelines for the best part of the rally, which starts a few months after the halving. Let's see what happens if you sell your bitcoins during dips after the halving - In 2012, you'd miss a +12,100% gain In 2016, you'd miss a +4,000% gain In 2020, you'd miss a +700% gain In 2024, if Bitcoin reaches $200k, you might miss a +250% gain. $BTC #BTC

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