Robert Sluymer of Fundstrat Global Advisors gave his technical analysis of 2018’s cryptocurrency markets, with particular focus on Ethereum (ETH) and Bitcoin (BTC), on CNBC Tuesday, May 1.
Sluymer drew a parallel between the significant impact of uncertainties surrounding regulation and taxation on trading prices in January 2018 - which saw ETH plummeting from $1,000 to $350 - and today’s situation.