Post
Topic
Board Altcoin Discussion
Re: Etherum. Correction or long term downtrend
by
Yakamoto
on 17/06/2018, 16:42:50 UTC
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
If Bitcoin moves then the market moves along with it in most cases, the only significant and consistent example of a crypto not doing that is Tether where it remains relatively the same on a consistent basis (because that's what its supposed to do). Whether we like it or not, Bitcoin is still a major indicator of the crypto-economy at large and it will influence all other cryptos in the direction that it takes. Good or bad.