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ethhunter
Jan 2, 2019 3:13 PM

You better believe it (ETH) 

Ethereum / DollarBitfinex

Description

TA is useless if you don't understand the market.
But don't take my word for it.

Comment

Current drop is this chart om steroids :)
Comments
Eberzahn
All good - Thanks
moorbles
So what are you basing this on? ETH being overtaken by the likes of TRX, ADA, ZIL et al? Or the whole market continuing to be bearish on a 15 month cycle (as per Mt Gox crash pattern)?
ethhunter
@mattgarbutt, ETH reclaimed 2nd place from XRP recently, i don't think its under any threat from any other alts. However people are forgetting fast that this is a bear market. ETH Hard fork fomo and a bounce on BTC then people suddenly forget about the bear, for me its just market psychology. They are waiting for the market to get ready to get unloaded upon, and those conditions will be met sooner than later. Reversal is not a event, it's a process. When the bulls have left the market it will mature, and the bears will slowly become bulls.
moorbles
@ethhunter, I fundamentally agree. Look no further than BCH fork FOMO and subsequent correction for reference.
ethhunter
@mattgarbutt, But we have 2 powerful clues that when "real" bull market is around the corner, you can bet on that ETH will be the leader again
moorbles
@ethhunter, And you can't put that out there without elaborating on what you think those reasons are!
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