malloofiscoofis

BTC ETH Lead/Lag Relationship

BITFINEX:ETHUSD   이더리움
Bitcoin throughout the past year has time and time again led the altcoin market. I represent the altcoin market with ETH. My chart is comparing the recent bear market of BTC to ETH. The charts shape look identical, but look at the x axis for time. ETH is about 30 days behind BTC on each defined peak/trough. I project its likely that ETH continues to follow BTC's form, by making a double top around ~$800 while BTC continues to consolidate slowly sideways/upwards. Once the double top in ETH forms, BTC should rally, truly leading the market out of the bear market and into a bull market. But when this happens, BTC will rally and ETH (alts) will decline, until BTC stalls. Long ETH (alts) until projected double top, and then flip into BTC long.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.