This is the chart of ETHBTC that somehow shows the strength of one across the other. Right now, there is the formation of Cup and Handle Pattern in weekly timeframe that indicates that Ethereum is about to take over Bitcoin and will lead the market trend.
Do you know what this actually means? This means that the Altcoins boom seems to be around the corner!
Currently, Bitcoin has flipped the key support level of $52800 and is trading around $47400 at the time of publishing. After a volatile move, BTC will range between $46k to $50-52k levels while Bullish ETHBTC Chart is showing that during the BTC range, Altcoins will fly high!
So, if you have bought the dip, get ready for the rally!
Muneeb
Do you know what this actually means? This means that the Altcoins boom seems to be around the corner!
Currently, Bitcoin has flipped the key support level of $52800 and is trading around $47400 at the time of publishing. After a volatile move, BTC will range between $46k to $50-52k levels while Bullish ETHBTC Chart is showing that during the BTC range, Altcoins will fly high!
So, if you have bought the dip, get ready for the rally!
Muneeb
