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MasterOfCoinage
1. Jan. 2018 15:16

Ethereum Yearly Market Cycles vs. Bitcoin Long

Ethereum / BitcoinPoloniex

Beschreibung

The CryptoCurrency ETH appears to have a regular yearly bottom vs. BTC right around mid-December, following which we have seen a long-term uptrend lasting until mid-May.

ETH is currently trading around the 0.056 level in the BTCETH pair and, assuming it will move upward and break above the 0.06 level, I believe we are bound to see a repeat of this yearly market cycle.
Kommentare
lykimthanh
Consider the pumping speed of XRP , this thing may just pop in matter of weeks
MasterOfCoinage
@lykimthanh - The circumstances with XRP were very different (IMHO), which is why I believe it's more likely we'll see a slower grind with Ethereum vs. the "Pop" we saw with Ripple.

I actually called Ripple on twitter on Dec.9 when it was around 1600 Sats:
twitter.com/MasterOfCoinage/status/939443941946023936

You can see my work on the XRPBTC chart in the thread associated with this tweet.
lykimthanh
@MasterOfCoinage, well true, we saw price manipulation with XRP before it popping vertically . As for ETH , IMO we have strong reason to believe Plasma & POS will cause price manipulation again , let's say if half of the world follow the new Russian rule on ICO & the use of ether for " elite forks " ; mining won't give enough demand
prep16505
Great first chart.
MasterOfCoinage
@prep16505, thanks my friend.

I've actually been doing this for quite a while but have only been posting my charting on twitter.

I bought my first Bitcoin in 2014 and have been trading Altcoins (pretty much) ever since, so I like to think I have a better feel for these markets than most.
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