Bitcoin currently holds 40% of the total cryptocurrency marketcap and ethereum 22%,Although the most majority of dominance belongs to Bitcoin but according to what I've analyzed before about ETH.D , that is surging against BTC .D ,It seems that the game is changing gradually ..
Goldman Sachs, as a banking giant on Wall Street, agrees that this could happen.
ETH.D:
BTC.D:
I'm not saying that ETHEREUEM will replace Bitcoin , and I don't know what exactly will happen in the future of cryptomarket , but I think naturally the influence and correlation between btc and other altcoins will became less and less Over time, which means for example by a downfall of btc they descend less as much as before.
π―Possible targets ahead: 0.118 - 0.163 - 0. 286 - 0.5 -0.87
β»οΈ SUPPORT levels: 0.066-0.076
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tips:
π₯(Note that most of my analysis on the higher timeframe basis which is more suitable for long-term investment rather than short-term trading.)
π°(I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
β³οΈ(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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πThis analysis is my personal opinion ,not a financial advice ,so do your own research.
π if you're a fan of my analyses give me a big thumb π OR drop a comment π―π
πwith Best Regards
Goldman Sachs, as a banking giant on Wall Street, agrees that this could happen.
ETH.D:
BTC.D:
I'm not saying that ETHEREUEM will replace Bitcoin , and I don't know what exactly will happen in the future of cryptomarket , but I think naturally the influence and correlation between btc and other altcoins will became less and less Over time, which means for example by a downfall of btc they descend less as much as before.
π―Possible targets ahead: 0.118 - 0.163 - 0. 286 - 0.5 -0.87
β»οΈ SUPPORT levels: 0.066-0.076
--------------------------------------------------------------------------------------------------------------------
tips:
π₯(Note that most of my analysis on the higher timeframe basis which is more suitable for long-term investment rather than short-term trading.)
π°(I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
β³οΈ(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
--------------------------------------------------------------------------------------------------------------------
πThis analysis is my personal opinion ,not a financial advice ,so do your own research.
π if you're a fan of my analyses give me a big thumb π OR drop a comment π―π
πwith Best Regards
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