Ethereum 2017 chart comparison to today

8 ביוני 2021

Comparing 2017's first big drop to todays current drop. In 2017, there were 6 weeks of downward price action before it started recovering on the 7th week. Also in 2017, ETH dropped a total of 67% and we currently have dropped a total of 60%. Currently we are in our 5th week of downturn price action, I'm thinking by the end of the month we start seeing a reversal. Also if you notice the massive triangle that is created in this chart, which resembles a possible similar triangle forming in todays weekly chart.