Post
Topic
Board Speculation (Altcoins)
Re: Ethereum Price Action in relation to Bitcoin
by
Silberman
on 12/10/2019, 16:55:49 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.
Ethereum has been outperforming bitcoin for at least two weeks, however it seems this is changing so I wonder if it is such a good idea to invest in ethereum at the moment, the market does not seem to be trending in any direction, it is just roaming aimlessly, so I will not really blame if investors began moving back to fiat or stable coins since the bull market seems to be over, I know some are still hoping for a bull movement at the end of the year but I do not see any desire for investors to do so.