Get started

Ethereum-bitcoin

📌🔃What is Flippening (Ethereum vs. Bitcoin)❓❗⚔️ The possibility of Flippening of Ethereum vs. Bitcoin is much more than before! King and Queen battle for taking over the Dominance has been continuing !! ‏ The term Flippening was colloquially coined in 2017 and refers to the possibility of the market capitalization of Ethereum (ETH) overtaking the market capitalization of Bitcoin (BTC). Therefore, the term describes the hypothetical moment in the future when Ethereum becomes the biggest cryptocurrency by market capitalization. Although Ethereum and Bitcoin are named the king and queen of the crypto space, respectively, and they seem to be friends; But there has been a battle for the power of these two leaders of the crypto market. The dominance of the king-Bitcoin has been more than others and also of Ethereum, but for some time its dominance (BTC.D )has been closing to its ATL , and the dominance of the queen-Ethereum(ETH.D) has also been increasing and is closing to its ATH ,as the merge event approaches! but also at the meanwhile , OTHERS.D .USDT.D and .. Have been almost decreasing ! check it out here! However many Ethereum supporters were hoping for the Flippening to happen. Speculators were stating that the greater flexibility and the ability to write smart contracts would propel Ethereum over Bitcoin in those rankings, but the Flippening never really occurred yet. but now in my opinion if the merge event be successful , it is not unlikely that this will happen even within 1-2 yrs ahead, which is very critical for the crypto space and will change the current equations! but flippening is a litle unlikely in terms of market capitalization, but nonetheless possible! So this term "Flippening" refers to the hypothetical moment of Ethereum (ETH) overtaking Bitcoin (BTC) as the biggest cryptocurrency isn't an easy event because according to coinmarketcap data , the current Ethereum MarketCap is about $203 B ,meanwhile the Bitcoin marketcap is about $379B (~2X bigger), so filling this gap need a lot of liquidity to be filled . At 100% crossing they both have the same market capitalization. Even though market cap is the main metric to determine "The Flippening" (above), there are a number of there are a number of other metrics that you also can observe (below). check it out here! www.blockchaincenter.net but the question is :What happens to Bitcoin if Ethereum takes over the dominance of it !? Apparently, this happens completely to the detriment of Bitcoin; But maybe this theory is even completely opposite, that is, the strengthening of Ethereum does not mean the weakening of Bitcoin , especially in the long term! ! They are fighting for a common and greater goal, not against each other. Bitcoin's proof-of-work will always retain the very highest degree of imperviousness and security. That could become increasingly valuable in the coming years -- it should not be underestimated Although, at the same time, with Ethereum's migration from proof of work to proof of stake, it can attract more liquidity than before! And in this case, both cryptoassets/platforms serve two very different economic functions. It would be about Ethereum becoming more valuable, and would not diminish Bitcoin. Bitcoin’s inherent value lies in its potential to be a quasi-gold standard and store of value. At the same time, Ethereum serves as the backbone of Web3, propping up the DeFi and NFT ecosystems, among others, that comprise numerous interconnected platforms. So this is more about Ethereum increasing in value rather than Bitcoin losing its own.but it may reduce the appeal of competing layer-1s , i.e. Ethereum competitors! Final thought: Flippening has been an event that cryptocurrency market experts have been warning about for years, and now with Ethereum's proof-of-stake performance, the possibility of its occurrence has accelerated, and it can greatly influence the crypto space. While a flippening may not really harm Bitcoin’s position and its inherent value proposition, it could have an impact on the wider crypto ecosystem in various ways. sources: coinmarketcap-cryptonews.com This article is For informational purposes only!
CRYPTOCAP:ETH.DEducation
by PRO_SMART_Trader
10
Ethereum going downHello everybody! It's time to reconsider all crypto, because the correction that lasted from June until August I believe has finished. There was a small chance of a last 5th wave in both Ethereum and Bitcoin, but since Bitcoin crossed his invalidation line, I don't see any other scenario other than down. It was a nice flat from 880 to 2031.56 with a C leg which got almost 262% by Fibo. Time to move on and look for a short position now. I personally don't believe in any huge bounce from the current local low of 1423, but who knows it's the market. Looking for a further plunge. Good luck trader!
BITSTAMP:ETHUSDShort
by nanfinance
1
Bitcoin (BTC): Monthly analysisIt's over' August and we wanted to analyze the 1-month chart, with a simple and easy to understand chart without too much noise and too many indicators that sometimes confuse us with the real situation. From our chart we can deduce 4 fundamental elements: 1) BTC is still in a phase of exploration of the mega support between $20k and $14k (2017 all-time high), we have drawn this support with a green rectangle as if it were a springboard for the price just in case it does not break it down. 2) Also at this strategic support between $20k and $14k we find the average 100 EMA drawn in yellow at a price of $16.5k. 3) An RSI that signals the relative strength of the trend below 50% to a value never seen in BTC history (37%), not yet oversold below 20%/30% but makes us understand that since the $70k All-Time TOP has made a huge correction but we have no signals to buy anything at the moment. A bullish 50% cross could give us a bullish divergence and macro signals to enter the trend but we are not there yet. 4) The Falling Wedge pattern: We must always be cautious when drawing patterns in technical analysis, as we often see signals that are then canceled by the trend or simply rush the analysis and find patterns that do not exist. However, this pattern is a strong signal that when the market breaks the diagonal to the right (that of the high points), the price can break to the upside and decree the end of the bear market or simply a tactical bounce to a large endurance. Conclusions: The downtrend is not over yet or at least we have no clear signs of entering a LONG position at this time, however it is a good price to start accumulating and wait for signs of a bull market. The recent aggression of the US Federal Reserve in removing liquidity from the markets and the global recession situation followed by high inflation put pressure on the Wall Street market and consequently on the cryptocurrency market, as that there is no fresh liquidity to increase the value of digital currencies. Thank you for joining us in our analysis, if you liked it, give it a Like, comment and follow us. LPI, grow with us.
BITSTAMP:BTCUSD
by LPI_Investments
3
A short term movement prediction for ethereumMarkets are in choppy mode. Future contracts dominated, very little volume for the spot. Elliot's fifth corrective wave not yet on the play but i expect very soon. Now it's the play time. #ETH may enter in the box and if rejected from 1700 - 1750 area, then a double top will be confirmed. First retrace will the trend support but if #btc plays 5th corrective wave, the correction will be deeper for both #ethereum and #bitcoin .This is not a financial advice. Always do your decisions by yourself.
BITSTAMP:ETHUSD
by naphyse
1
ETHBTC Breaking above its 5 year Triangle? Full on Ethereum?This is the ETHBTC pair on the 1W time-frame where it's shown trading within its long-term trading pattern, a Triangle. On the August 08 1W candle it tested the top (Lower Highs trend-line) for the second time and after pulling back for two weeks, the current candle is again on the verge of hitting it. Can it break this time? Well, the same Higher Highs formation has been previously seen another 4 times. Three of them started rallies (with the two extreme) and only one had the pair make a Lower Low that touched the bottom of the Triangle. Still, this is associated with general market rises and since this time the 1W MA100 (green trend-line) is in support, we can expect ETHBTC to break above the Triangle and have Ethereum gain over Bitcoin once again. If not, expect another Higher Lows test. What do you think will happen? -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
7
ETH/BTC Analyze!!!ETH/BTC was able to pass the main wave 4 in the heavy support zone, and for now, it is running in main wave 5 while breaking the trend line. I showed you the end of the main wave 5 (zone). I expect that microwave 4 of the main wave 5 can finish near the trend line, and then ETH/BTC goes up to my target zone. What can we conclude from ETH/BTC chart ❗️❓ 🔆If the cryptocurrency market continues to fall, it is likely that Ethereum and tokens on the Ethereum network will be able to escape from terrible falls for the next 2 months, this does not mean that they will not fall, but the percentage of falls will be lower. 🔆If the cryptocurrency market starts to grow, Ethereum and Ethereum network tokens can give us more profit for the next 2 months. 🔆If you want to invest in the cryptocurrency market and you don't know whether to invest in bitcoin or Ethereum, I suggest you invest in Ethereum, of course, I think it's still a bearish market, and you can wait about entering the market. ETH/BTC Analyze, Timeframe Daily⏰(Log Scale) 🟢Support Zone: 0.058BTC until 0.0488BTC Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
by pejman_zwin
2
Ethereum | FOMC Created Useless Bearish Volume | Bulls Are BackEthereum | The FOMC created useless bearish volume | Bulls Are Back Again Since the news of the merger was released, we have seen ETH build a very strong bullish accumulation volume. All the patterns we see on the chart are shown that day by day many traders are trying to take advantage of this rare opportunity that will affect one of the crypto leaders. Yesterday morning the price made a small bearish move and decrease the price by -7% However, as we can see it was a useless movement for the bears to win more price territory. Strong support was shown for the second time close to the support area of the previous pattern near 1820 a bit lower than 1857 that we had as a zone. Now the price is showing bullish signs again. Given that the pattern is still valid, the bullish move should continue. Price analysis: Price is actually testing the top of the pattern and I'm waiting the price should be corrected up to 1852.00 as a maximum. After that, the price should rise again. Targets: 🎯 2143 🎯 2285 🎯2400 Thanks and good luck!
Long
by KlejdiCuni
26