E이더리움 / 비트코인

Winter is coming - Part 6: Ethereum vs Bitcoin

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Every year since 2015 ETHBTC was at a relative buy point around winter time - mostly in December. It's a strange cyclical pattern that keeps repeating for mysterious reasons. This year, I would argue, the ETHBTC ratio has the HIGHEST PROBABILITY of repeating this pattern of any other year in its history. I make this statement entirely based on technicals.

- We have a 5 year trendline supporting price
- Horizontal support from 2016
- Consistent cyclical tendency for the last 5 years
- ETH 2.0 (for me this is the least important, believe it or not... even if it may be the entire reason we could see a rally)

The first time I noticed this seasonal pattern was in November 2017. I converted all of my Bitcoin into Ethereum the same time I published the chart below:
Winter is coming: Ethereum vs Bitcoin


In August this year, I published my view on Grayscale Trust's product, ETHE. You could find it here:
Déjà vu in Grayscale's Cryptocurrency Trust

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