Quote from: mamahdedeh on Today at 04:26:56 AM

Quote from: makishart on May 04, 2021, 11:06:20 PM

Quote from: c_atlas on May 04, 2021, 12:00:01 PM

The thing I find most interesting is ETHs market cap today is higher than BTCs market cap at the peak of the 2017 bull run. That must have some implications for the floor for BTC, don't you think?

That means crypto already reached another level as per the total market capitalization that already reached by ethereum. Bitcoin can go even higher than the current price to break another record as well. The correction for ethereum will come very soon.
That could become a signal if the massive adoption is just starting right now

I think for now both ethereum and bitcoin could undergo a major correction. We know that both of them have reached the new ATH since 2017. Therefore we have to be careful, especially now that bitcoin is sideways, and after sideways there will be a big movement, either up or down.

Im not sure about that. Both will not face major correction in a short time. The major correction may come next year. This year is very bullish year for crypto.
The major companies started to take crypto as a part of their next roadmap to create service related to the crypto currency.
Bitcoin is bouncing back again easily and it takes less than a few hours. That proves how strong the cyrptocurrency right now.
Bitcoin will be going up again for sure. We will see that