Post
Topic
Board Trading Discussion
Re: Looks likes ETH is breaking out of BTC pair
by
Wend
on 24/10/2019, 12:13:02 UTC
Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?
Anyone has seen the market today, how much is altcoin dominance? I'm not sure that ETH will do that. Almost all altcoins that are at the top of the digital currency and have a large community, use BTC pair of their digital currency. There is still a lot of bitcoin dominance in the market, ETH will lose demand in market if they delete ETH/BTC.
Nothing can beat bitcoin for sure. Bitcoin is the whole reason why altcoins are surviving in this world. Ethereum is nothing without bitcoin. The whole digital coin depends on the king of crypto currencies, bitcoin. As far as the matter of dominance goes, bitcoin was is and will remain the dominant and no coin can takes it place. All of us can blindly trust bitcoin and altcoins need it for their survival.
At least there are still investors who are completely aware of the worth and potential of bitcoin. Bitcoin is soon going to again jump to 15k usd above by the next year beginning. If we want to see soon increase in the value, we ought to keep supporting bitcoin by either keeping it in wallets or by buying more and more of it.
Im still fan of bitcoin its more than years im using and buying some bitcoin from the market, And bitcoin its not easy to surpass in any coins even do from the top coin list in the market. And its true bitcoin can be going to pump again and reach $15k or $20k in a future for bitcoin but now bitcoin are struggle and drop on the price of $7k but it can recover soon we need to wait for now.