JorgeAbascal

If the ETH bubble pops today...

Long
BITSTAMP:BTCUSD   Bitcoin
9
This is the other scenario. As I said, people buy ethereum with bitcoins, ethereum is in a parabollic movement and for sure a bubble. Ethereum will grow until bitcoin cannot go lower. That might be the pink line (historical minimum) in the chart, but also because we have a pennant, it might breakout in the same direction as the initial large movement and reach the 640 usd dolars.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.