BitcoinLong
ETH Currently Cheap vs BTC
This is why ETH is cheap right now.
Strong historical correlation between BTC price movement and the ETH trend. However, observe from 2H October when this correlation is blown when compared with what is a fairly decent pennant on BTC. If BTC breaks this pennant, we could see some corresponding value on ETH.
This is why ETH is providing a more advantageous entry point, in my opinion, for new FIAT
Strong historical correlation between BTC price movement and the ETH trend. However, observe from 2H October when this correlation is blown when compared with what is a fairly decent pennant on BTC. If BTC breaks this pennant, we could see some corresponding value on ETH.
This is why ETH is providing a more advantageous entry point, in my opinion, for new FIAT
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.