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myownman
May 21, 2017 3:00 PM

ETHBTC is making another run at the Köppelmann Constant! Long

Ethereum / BitcoinPoloniex

Description

Watch Flipper in action!

ETHBTC has broken out, and is finishing the last breath of an inverse head and shoulders pattern. Tomorrow is Consensus 2017, where it is rumored that the Enterprise Ethereum Alliance will announce new members which were previously described as a "who's who of planet earth".

  • The (adjusted) Köppelmann Constant 0.06822 is the ETHBTC rate where Ether PoW mining yields the same value as Bitcoin mining

  • Also, it is the ETHBTC rate where Ether PoW expends more economic resources on PoW than Bitcoin


I am VERY bullish on the ratio.
Comments
jasonsosar
Still bullish, don't you think that we may have a price correction, so we have to short it?
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