this is what I see coming and will trade accordingly
Bitcoin will let shorts be trapped and will bounce from 4400 +- 500 USD for the new bull market
BTC will let shorts be trapped and will bounce from 4400 +- 500 USD for the new bull market
This happened to us at 11800 and 9800, why not failing again 2K lower?
Looks like nothing can save BTC from loosing support and dumping hard to make everyone bought above 5K dump their holdings. It is too hard to go up, as those people are selling on the way up. Better let them dump below 5K, crash to 1st half of 2017 levels and then we can go to ATH.
This is a rough roadmap for ETH vs BTC for the 2018. ETH will surpass BTC as the largest cryptocurrency by marketcap in the coming months. Better decision consensus, wider functionality, all the ERC20 universe that is formed around ETH is making it #1 crypto very soon.