🔥 ETH/BTC Break Out: Return Of The Bull-Cycle?
Today, ETH/BTC had a very good day. First of all, ETH gained substantial ground against Bitcoin, making ETH more valuable and desirable in the process. Second, and most importantly, ETH/BTC has broken out of the downtrend in which it has been trading since early December.
Ethereum is a more 'risky' asset than Bitcoin. If ETH gains against BTC, that means that investors become more risk-seeking. When investors are willing to take on more risk, this is always good for alts and the market overall.
Therefore, this break out might be the start of a new bullish (recovery) phase for altcoins.
What do you think?
Ethereum is a more 'risky' asset than Bitcoin. If ETH gains against BTC, that means that investors become more risk-seeking. When investors are willing to take on more risk, this is always good for alts and the market overall.
Therefore, this break out might be the start of a new bullish (recovery) phase for altcoins.
What do you think?
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。