diegofnu

ETH won't follow BTC.

Long
POLONIEX:ETHBTC   Ethereum / Bitcoin
Its been the "norm" on the cryptocurrency trading comunity that Alts follow BTC price, and lately the talk and sentiment is around finding the BTCUSD bottom. Will it be 3k or 1k? zero? well, I think that might not be as important this year for the cryptocurrency space in general. BTC can go to hell for a few months and that does'nt mean everyone follows. ETH is resembling past bottom structures in both price and RSI. According to previous rallies this might take us close to the 1:2 BTC to ETH over the current year. Whether that means a higher USD price or not i don't know, but it seems like a much better hedge.

Not financial advice.
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