ETHBTC chart is at major resistance... with a second major resistance right above it.
This can mean 2 things:
- Bitcoin starts rising faster than Ethereum from here (today we can experence BTC in the green and ETH in the red)
- Ethereum starts dropping faster than Bitcoin
Most likely the first scenario is on and it makes sense to me that Bitcoin will rise higher (the new hedge, safe haven, finite product, desired by many, including the Big Whales and the Huge Funds),
whereas Ethereum might lose some momentum while it's competitors take a piece of the smart contract pie (Cardano, Polkadot, Solana, Avalanche and many more).
You guys like it? Share some comments.
One Love,
the FXPROFESSOR
This can mean 2 things:
- Bitcoin starts rising faster than Ethereum from here (today we can experence BTC in the green and ETH in the red)
- Ethereum starts dropping faster than Bitcoin
Most likely the first scenario is on and it makes sense to me that Bitcoin will rise higher (the new hedge, safe haven, finite product, desired by many, including the Big Whales and the Huge Funds),
whereas Ethereum might lose some momentum while it's competitors take a piece of the smart contract pie (Cardano, Polkadot, Solana, Avalanche and many more).
You guys like it? Share some comments.
One Love,
the FXPROFESSOR
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