MONERO - long
Monero is in a long term downtrend vs BTC. It's become sharper as BTC reaches new ATH, it could continue.
The bounce back could be aggressive, but won't reach previous ATH.
When BTC reaches 100k, XMR could represent 2% of that value or 2k per XMR.
The bounce back could be aggressive, but won't reach previous ATH.
When BTC reaches 100k, XMR could represent 2% of that value or 2k per XMR.
Trade active
100k BTC = 2.5k XMR
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BTC: 40k -> 100k = 125% ROI
BTC: $178 -> 2.5k = ~1500% ROI
¯\_(ツ)_/¯
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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.