How I'm trading ETH on BTC & USD pair. I see a potential huge cup & handle forming on the USD pair while BTC pair still seems to be in accumulation zone. ETH hasn't broken out to an ATH while Bitcoin has doubled past it's ATH from 2017. Bitcoin is seen as a finished product while ETH is building stronger fundamentals with ETH2 PoS network & and the growing DeFi...
Bitcoin's dominance is being tested after a monster 2020Q4 rally. ETH has finally found bids over $1000 USD on January 3rd - Ethereans have been calling for the bottom of ETH/BTC pair while Corn gains are being counted. Alt season could mean that Bitcoin has locally topped and will range for the week. DeFi & a few layer 1 tokens have outperformed and Gas...
"So what do all these very different recessions have in common? For one, oil price, demand and supply sensitivity appear to be consistent, and frequent historical precursors to U.S. recessions. A spike in oil prices has preceded nine out of 10 post-WWII recessions." Oil has fallen to 22$ and is shocking global funding markets. Not enough dollars to create...