Every time people start to issue such frothy statements and want to believe in them, the end is near.
Well, maybe not every time. This time, BTCUSD is about to go down. Which means XMRBTC is about to go up, intraday. And day-on-day as well. And likely week-on-week too. I really think 537 is a very conservative target for BTCUSD on this swing, and XMR 418k is pretty darn likely, avant le grand retour.
The inverse correlation of BTC and XMR is pretty strong, lo, the past year or so.
sorry to disappoint you but XMR trading range is in form since beginning of 2015, and you know damn well that BTC moved a lot since that time, and well, it didn't impacted our resistance and support
