Post
Topic
Board Speculation (Altcoins)
Re: Ethereum Price Action in relation to Bitcoin
by
Irvinn
on 12/10/2019, 13:25:39 UTC
You know the drill. When Bitcoin rallies hard, altcoins dump. When Bitcoin dumps, all the rest dumps too. But when Bitcoin is sideways, altcoins rally and some go their own price action.

Everyone in this subsection of Bitcointalk is waiting for altcoin season to come again. Some have already given up.

I will try to post my observations about the market relationship of Ethereum which is the current lead indicator of altcoin market health to Bitcoin's.

This is my favorite pair to follow, i think it's going to be psychologically important. I was predicting more of eth declining in the past before the rally. But i would love to see your take on this as well when ever you are ready.

Anyone on this thread who is more interested in usd pairings of alts: Pay attention, eth vs btc pairing is far more important then eth vs usd.
I apologize, but for some reason it seemed to me that the best pairs to trade are Bitcoin - USDT and ETH - USDT, because if you take into account the moment that Bitcoin and Ethereum in the future will simultaneously fluctuate in price with the same indicators, then this is the choice for  me is better than BTC - ETH.