veryevilone

ETHBTC potential bottom

veryevilone Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
Hello, the ETHBTC has a potential bottom on the weekly. If momentum start picking up it could cause a flippening in the second half of the year. This also coincides with the switch in Ethereum from Proof of Work to Proof of Stake aka the merge. There still needs to be a specific date sate but optimistic estimates are around august. So if the merge happens and there are no issues afterward then the money might be piling back into ETH and then some. Obviously ETH flippening marketcap with BTC will make big headlines and draw in even more money. But lets see.
Comment:
Zoomed in there is a bit of a diamond pattern going which is significant for several reasons. Ethereum logo looks a bit like a diamond and also theres the diamond hands meme.
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.