dacto

ETH - Scenario 2 - Long Term WXY Bear Season to 50 USD

dacto Updated   
CEXIO:ETHUSD   None
Even though bitcoin has tripled its price and some of the altcoins like litecoin and eos did the same, we cannot see that in most of the altcoins. Please check XRP, ZRX etc.
There is something really weird with this rise. Generally altcoins should be following bitcoin rise but here we cannot see that clearly.

Comparing the 2018 prices, when bitcoin was at 10k levels we see that ethereum was holding at 500-600 usd. However here we see that ethereum is not even strong to pass 200usd, this bothers me a lot.
If bitcoin decides to consolidate or fall this is the chart that we will be seeing.

I will be posting the last but not least bull chart today as well.
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