ETH VS BTC (monthly) ,will ETH hit BTC ? ๐๐
ืืขืืืื
Bitcoin currently holds 40% of the total cryptocurrency marketcap and ethereum 22%,Although the most majority of dominance belongs to Bitcoin but according to what I've analyzed before about ETH.D , that is surging against BTC .D ,It seems that the game is changing gradually ..
Goldman Sachs, as a banking giant on Wall Street, agrees that this could happen.
ETH.D:
BTC.D:
I'm not saying that ETHEREUEM will replace Bitcoin , and I don't know what exactly will happen in the future of cryptomarket , but I think naturally the influence and correlation between btc and other altcoins will became less and less Over time, which means for example by a downfall of btc they descend less as much as before.
๐ฏPossible targets ahead: 0.118 - 0.163 - 0. 286 - 0.5 -0.87
โป๏ธ SUPPORT levels: 0.066-0.076
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tips:
๐ฅ(Note that most of my analysis on the higher timeframe basis which is more suitable for long-term investment rather than short-term trading.)
๐ฐ(I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
โณ๏ธ(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses give me a big thumb ๐ OR drop a comment ๐ฏ๐ญ
๐with Best Regards
Goldman Sachs, as a banking giant on Wall Street, agrees that this could happen.
ETH.D:
BTC.D:
I'm not saying that ETHEREUEM will replace Bitcoin , and I don't know what exactly will happen in the future of cryptomarket , but I think naturally the influence and correlation between btc and other altcoins will became less and less Over time, which means for example by a downfall of btc they descend less as much as before.
๐ฏPossible targets ahead: 0.118 - 0.163 - 0. 286 - 0.5 -0.87
โป๏ธ SUPPORT levels: 0.066-0.076
--------------------------------------------------------------------------------------------------------------------
tips:
๐ฅ(Note that most of my analysis on the higher timeframe basis which is more suitable for long-term investment rather than short-term trading.)
๐ฐ(I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
โณ๏ธ(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses give me a big thumb ๐ OR drop a comment ๐ฏ๐ญ
๐with Best Regards
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