ETH lost some confidence during the lows on BTC, when BTC revisited the 31k. No knowing the future, heavy bag holders of ETH, sold their stakes making ETH lose a lot of ground over BTC in the last 2 weeks.
However, now that BTC was able to make a bullish move and recover the 39k, ETH investors are starting to realize the opportunity to get back in, and so I expect ETH to move higher towards the top edge of this bullish symmetrical triangle and perhaps beyond.
IMO ETH has the potential to reach as high as 0.1-0.25 of BTC, a bold call I know, but it is what I think.
However, now that BTC was able to make a bullish move and recover the 39k, ETH investors are starting to realize the opportunity to get back in, and so I expect ETH to move higher towards the top edge of this bullish symmetrical triangle and perhaps beyond.
IMO ETH has the potential to reach as high as 0.1-0.25 of BTC, a bold call I know, but it is what I think.
