Imagine a decoupling of ETH from BTC. BTC continues to fall or dither, and ETH decides it no longer cares.... it's the last Alt season.
The flippening (0.1592) could look like:
ETH /
BTC
---------------------
3,184 / 20,000
3,980 / 25,000
4,777 / 30,000
5,572 / 35,000
6,368 / 40,000 <----
7,164 / 45,000
7,960 / 50,000
8,756 / 55,000
9,552 / 60,000
10,348 / 65,000
The flippening (0.1592) could look like:
---------------------
3,184 / 20,000
3,980 / 25,000
4,777 / 30,000
5,572 / 35,000
6,368 / 40,000 <----
7,164 / 45,000
7,960 / 50,000
8,756 / 55,000
9,552 / 60,000
10,348 / 65,000
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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.