Once BTC reaches its target (between $630-680), I'm expecting that some of this new money and profits will move into ETH, leading us to the next bull leg with an ultimate target of 0.05 BTC (fibo extension, following the Feb-Mar pattern).
Be patient and wait for a clear top in BTC, this scenario will be delayed until that. I'm looking for an entry in the low 2000's or 2630+.
Be patient and wait for a clear top in BTC, this scenario will be delayed until that. I'm looking for an entry in the low 2000's or 2630+.
Commentaire:
BTC almost $680 and ETH didn't drop as much as I would expect. The 0.05 target is very extreme, but longing here has a pretty interesting risk-reward if we assume people will hedge BTC risks with ETH.
Commentaire:
Comment. Show is over. Sell your ETH. Sell your BTC. I am crypto bear for the next weeks.
