ETC to revisit ATH?

gm frens,

If you follow me, you know I've stayed bullish ETC.

Revisiting the $65 region seems inevitable, as miners realize that ETC can be a way to recycle their ETH gear. Then it's a virtuous circle of higher hashrate, project becomes more interesting to build on, prices goes up, mining becomes more attractive, etc.

So far my January 2022 prediction has been correct (e.g. $60 before Q2).

The real resistance is at $80. If we break it, then I think we're going to repeat what happened a year ago, meaning we could currently be a fractal of the green rectangle I highlighted. ETC can reach $500 before summer. 1K is possible, but less plausible.

What would invalidate this scenario is a strong rejection at $60 and the whole crypto market going back bearish because of macro.

DYOR.
Beyond Technical AnalysisETCUSD

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