Ethereum Strategy Charts - Target $15,000 (Updated)

RTT completed a review of the Ethereum cycles, and WOW there are some big cycles in play.


Previous Post: Ethereum Strategy Charts - Target $15,000

These fundamentals would send risk on growth assets higher.


1) FED hikes rates 0.25% March FOMC, and FED talks confidently about the economy and more hikes are due.
2) FED hikes rates 0.25% (total 0.50%) June FOMC, and FED talks confidently about the economy and more hikes are due.
3) Oops FED has to PIVOT from a hawkish view to a very dovish view as either the economy is not strong or a COVID like event happens resulting in interest rates containment (think yield curve control) sending the FED balance sheet higher.

The above could be over a period of 3 to 6 months which would allow risk on assets to rise to new all time highs. After that, well we shall see.

Original Post: https://ift.tt/gGDuiAH