Weve read news about Russia investing in bitcoin, as well as bitcoin accounts becoming active, and word of whales returning. Chinese New Year also approaches. Weve also expected ethereum price to spike leading up to split. However, prices remain low.
The way I see it, we are still in "accumulation period". Bull run as many are saying won't be coming anytime soon.
Whats the likelihood that ethereum will rise following the hardfork? Will the trend continue or will this rise be temporary? I have a feeling that well see another drop, and not see a rise until 2nd quarter at the earliest. However, if there is a chance for an ethereum growth, today might be the last day to purchase.
I do not expect an immediate price growth after the hardfork. It will probably take an ethereum 1x or ethereum 2.0 launch to really push its price.