How hard is ETH going to dump?

$120 seems to be pretty much guaranteed, but I have seen some estimates as low as $60.

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Why do you think so?

Depends on how hard bitcoin dumps

Just buy back before it takes off dude

$227-$240 this week.

>ETH about to take a 40-70% dump
>"Just buy back before it takes off dude"

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See Bitcoin is setting up for a massive crash since it was rejected off multi-year resistance going back to 2017. This will drag ETH and the entire crypto market down.

Delusional

I mean I get that ETH will crash if BTC crash, so why will BTC crash? It's been above the 20 week MA for a couple weeks. You think it won't hold as support?

You’re just hoping it dumps because you sold, probably at the bottom. Cope harder.

>why will BTC crash?
A) Rejection off multi-year resistance
B) Despite what deluded bullcuck's claim, crypto is absolutely correlated with the stock market, and a second leg down IS coming
C) Miner capitulation. There was a 40% dump after the last halving, and No, it wasn't due to an exchange hack (that is just a cope narrative)
D) There are CME gaps in the $3K range that will be retested with 91.4% certainty
E) BTC recently had a >$1000 gain in a single day, and historically that is always followed by a 40% dump

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>meme lines
Okay so you don't actually know. In fact, no one does. I'm a bull long-term, but I don't think bitcoin will break 15k this year; it will likely oscillate between 6-12k. It might reach 20k in 2022.
>CME gap
How did you calculate a 91.4% certainty of hitting this level?

bioequity.org/statistics-do-stock-price-gaps-always-get-filled/amp/

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I’ll bet right now with a smart contract that the price will never go below $100 again.

eth is a success

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So then bitcoin is going to have a 60% dump back to under $4k? I mean that'd be nuts. Time will elucidate the truth I suppose. I'll put my limit orders in.

biz won't take you up on that because they know this is true. Everyone with a brain knows this is true and anyone else is poor and deserves to be poor for being so retarded prove me wrong biz

going all in on eth once and if it dumps

Are you a TA loser? Post some lines so we can laugh at you

MEME LINES CONFIRMED

Good thing the whales can't see the meme lines and profit from people's predictable behavior based on them.

When will you biz kids learn that meme lines sometimes work for businesses with actual products and profits reports, etc, but not in crypto where they can be used against you

With all the money around the world being printed and handled for free like it's a fucking commie block, I don't see it going any other way than up. Even with the fake unemployment crisis (that is only the result of the fake pandemic, cancel the lockdown and the "unemployment" goes back to what it was in January).

>TA IS JUST MEME LINES

Yeah, no. This is the stupidest misconception perpetuated by Zig Forums midwits. It's fashionable to shit on the concept of TA, but serious market movers all use it. Otherwise you are just randomly buying and selling like a retard.

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Every midwit has the same low IQ outlook as you. That's why the same people that orchestrated this hoax pandemic will dump the market again with a second leg down.

I think one reason might be, is that you have always people willing to buy at a specific point. If you have a gap, these people basically have been left out. Sure they could buy higher at a later time. But for one reason or another they really felt like this is their personal price range and they might stick to it. So at some point when the market crashes, these people are basically ready with their bags full of cash to finally buy at the price range they always wanted to. All the other people have been served, so it's quite possible that you get a huge dump until you meet these people who have been waiting from the shadows to get their chance.

You haven't seen any estimates, every single credible outlet states upward growth

>every single credible outlet states upward growth
Just like (((they))) did before the March dump to double digits

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If we were going up we wouldnt be fucking around under resistance for so long. There's clearly BIG sell pressure and people looking to offload their bags so they can buy back lower.

This. Anyone who has been in the crypto market for a while recognizes the signs. This is the calm before the dump.

Buy Pressure is through the roof right now. More buying pressure at 9800 than 9200.

11k this week on next leg up

>11k this week on next leg up
No chance.

I can tell you clearly don't do any due diligence. The entire global economy tanked it in March and nobody really foresaw it, hence the crash and no gradual sell-off. It wasn't until the world was locked-down that the economy started crashing. If you foresaw it, then congrats, you should be a multi-millionaire from all the put contracts you would've entered.

Now, use your brain and understand that money is being printed left, right, and center. People will be acquiring assets to combat the inevitable inflation rates skyrocketing and ETH will be one of them.

FYI, I've made a lot of money from crypto over the last 6 years or so. I exited back in 18 and I came back in March when the stock markets started crashing. Thanks to a DCA strategy I should be set to easily beat inflation with my holdings in ETH. Now, go back to your $300 account because you sold at the bottom.

>I can tell you clearly don't do any due diligence. The entire global economy tanked it in March and nobody really foresaw it, hence the crash and no gradual sell-off. It wasn't until the world was locked-down that the economy started crashing. If you foresaw it, then congrats, you should be a multi-millionaire from all the put contracts you would've entered.
>Now, use your brain and understand that money is being printed left, right, and center. People will be acquiring assets to combat the inevitable inflation rates skyrocketing and ETH will be one of them.
>FYI, I've made a lot of money from crypto over the last 6 years or so. I exited back in 18 and I came back in March when the stock markets started crashing. Thanks to a DCA strategy I should be set to easily beat inflation with my holdings in ETH. Now, go back to your $300 account because you sold at the bottom.

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i'm leaning towards this but look how quick we jumped back off from that pre-halvening dump

>past performance is indicative of future performance

lmfao

Keep regurgitating truisms that you heard on plebbit, faggot