Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Koamder
on 13/02/2016, 21:18:29 UTC
I hold my ETH, I keep believe this is just a price correction and that we will not go under 0.01 BTC

Agreed.  I expect to see a bit of a consolidation and price stabilization around 0.010 - 0.012 BTC.  If it consolidates nicely, I personally expect to see it continue trending upward again.  If it breaks 0.01 that would be a bearish signal.

If the price stays around 0.008 to 0.012 for a few months to consolidate, I think the next peak could be very high, maybe 0.03, depending on the bitcoin price.