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RE: Bitcoin: I'm not convinced we're not going to drop to $5000 or below 📉

actually, I just got thinking on what I just wrote about how I wouldn't consider it strange if Bitcoin would go into the long slumber, but altcoins might skyrocket. Then I decided to give the ETH/USD logarithmic chart a look to see if that theory would hold any merit, and lo' and behold below the ETHUSD log chart.

ethereum log chart 2018.png

Notice how there is a channel too, but as opposed to Bitcoin which is halfway on it's way down, Ethereum's log channel looks like it has reached the lower support. This could indicate that we may see serious bullish action?

Like I said, altcoins in 2018-2019, Bitcoin in 2019-2020 wouldn't surprise me at all.