the_dweeb

ETH value not relative to BTCUSD

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC is passed 7300$ BUT ETH stopped at 299 and not going up anymore. It's normally moving the exact same way. It was yesterday when we moved from 7150 to 7250.

Conclusion : ETH price will remain under 300$. The market already prices it in. This means the increase is due to BTC pump not followed by an ETH pump. real traders stay away from this Bull run.

SHORT BTC until next resistance. 7100 and 6800 targets... Good luck

Comments

It IS DEFINITELY A BULL TRAP UP THERE.
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