ETH / BTC Long: BTC Dominance Weekly Flipped = ETH / BTC Weekly
Whatever Bitcoin Dominance does, Ethereum will do the exact opposite, proven over time. At the top is Bitcoin Dominance weekly chart, flipped upside down. Below is ETH / BTC weekly chart, normal.
Should BTC Dominance break down here and complete its head and shoulders pattern, Ethereum / Bitcoin pair will complete its HSi and move up dramatically in the same way BTC.D moves down.
I'm bullish on ETH vs BTC, I think we'll reach at least a ratio of 0.05-0.06 BTC per ETH, with a possibility to re-visit our previous all-time high and potentially break through to 0.2.
Should BTC Dominance break down here and complete its head and shoulders pattern, Ethereum / Bitcoin pair will complete its HSi and move up dramatically in the same way BTC.D moves down.
I'm bullish on ETH vs BTC, I think we'll reach at least a ratio of 0.05-0.06 BTC per ETH, with a possibility to re-visit our previous all-time high and potentially break through to 0.2.
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