With first signs of stabilization but no history of horizontal trend on
ETHBTC
we are facing similar situation as in last downtrend. With still no real adaptation of Bitcoin, growing technology around blockchain, end of tax season and probably ICOs cash-out (77% in ETH by E&Y report) this time it should be definitive switch to up trend.
BTCUSD
will recovery also but at slower speed than
ETHUSD
.
ETHBTC
we are facing similar situation as in last downtrend. With still no real adaptation of Bitcoin, growing technology around blockchain, end of tax season and probably ICOs cash-out (77% in ETH by E&Y report) this time it should be definitive switch to up trend.
BTCUSD
will recovery also but at slower speed than
ETHUSD
.
Trade active:
Is it done yet? Hope it's just a correction, otherwise it could be a really strong downtrend exactly like in previous situation with red arrow.
