owlfred
Long

Pretty Clear The Cancel of Bitcoin Fork: $ETH for the Win!

BITTREX:ETHUSD   Ethereum / Dollar
I parked in $ETH, simply because it looked undervalued, following the issue with some smart contract developers locking out like $280million, which is no fault of $ETH, really, just dumb 'smart contract' developers, not testing their code. The cancel of the Bitcoin fork, people had driven up the price of $BTC thinking it would result in a forked coin, doubling their assets like it did for some before.
So people rushing into $ETH, too hard to predict, from all the back and forth, where this will shake out, but $ETH, like I predicted for $LTC two days before it happened, is undervalued and depressed, and the wave like a coiled spring, ready to unleash value.
I believe we could see $ETH hit as high as $360 over the next few days, given history, position, and recent news.
I agree. On the ETHUSD chart, a breakout is very close as well. If BTC is going for another sharp dive down (I expect that to happen pretty soon) we'll probably see ETH breaking out of this wedge. BTC share of the market cap only dropped from 61% to 58%, it was at 48% a month ago. Much more people yet to run back to alts as soon as they realize that that's were the profits can be made the coming weeks.

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