BlackSquareFinance

ETHBTC - DINAUSAURS HAVE ALSO DISAPPEARD....

Short
KRAKEN:ETHBTC   Ethereum / Bitcoin
Weekly TF

My plan remain THE SAME. target is 0.04730 (0.414 fibo)

I didn't changed my POV on #ethereum !
1. #btc dominance will continue to push up till 58.69% at least
2. #eth dominance will drop to 13% - (16.8% sure)

#ethereum has suffered due to a prolonged promise of its transition to Ethereum 2.0, leading to the splitting of a developer team that opted for more scalable and cost-effective projects.
There has been an abundance of ICO's with funds, some of which have gone bankrupt (everyone will remember #tribe), not to mention scams, Ponzi schemes, and numerous repeated hacks.
Transaction fees remain high, turning the protocol into something purely speculative and less profitable. Unlike other projects that offer similar services for much lower costs, Ethereum has become less attractive.
In essence, whether Ethereum is priced at $8000 or $8 may not make a significant difference. don't you think ?

This market is a bubble that must explode. 2 millions of token is a lot
Dinosaurs have disappeared...

No need to draw you a picture to understand that we are below the VAL, below EMA 200, with the potential (ICE crunching). Below, it resembles the abysses.

So imagine #btc will correct by 25%... the expected Back Up (31k$-)...
I am not talking about #btc order book... forget about this...
https://twitter.com/tedtalksmacro/status/1729452484173906177

Danil I. ARSENYEV, PhD - BlackSquare Finance
aka wo1and
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