Ethereum Price Analysis: Flood Gates are Open as Price Plummets Lower from Rising Wedge …

I know that talk is cheap and for the last few months I have babbled on about inflated stock prices and the relative values to be had in cryptocurrencies, so it is ok if you roll your eyes and sigh.  But the relative value case has an inevitability to it that is can’t be ignored. In fact we could be at the tipping point.

This mornings major headline in MarketWatch was: “Dow skids nearly 400 points, S&P on track for longest losing streak in roughly 2 years”  Under the headline:

“U.S. stocks slumped Wednesday, with major indexes breaking under key support levels and extending their downward spiral, as rising bond yields continued to weigh on market sentiment.”

Stock investors are increasingly nervous. The CBOE Volatility Index (VIX) was up more than 40% on Wednesday to reach it highest level in six months. About the only time this year the VIX has been higher is back in March when it hit 21. That was about the time the S&P 500 took a 10% dive.  

Oh…