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Of course Ethereum will repeat the Bitcoin's waves structure, but it have it's own volatility which could be more interesting for the traders.
On the 1D timeframe BTCUSDT chart we can see that the price is staying inside the central pivot range for August month, and above the central pivot.
You know that the Bitcoin have to reach the zone between $15k and $17k.
Last time I saw a lot of bearish mood that the Bitcoin is going to reach $10-12k.
Last couple of days the Bitcoin is pumping and any even non significant pump cause the bullish move.
As investors, we often face the dilemma of willing high stock prices when we sell, but not when we buy.
There are times when this dilemma causes investors to wait for a dip in prices, thereby potentially missing out on a continual rise.
Now I am sure that the Bitcoin stated the impulsive downside impulse which will lead us to our final target $15-17k.
As investors, we often face the dilemma of willing high stock prices when we sell, but not when we buy.