IS ETH SEASON UPON US?
Disclaimer: not financial advice, always do your own research.
With Bitcoin feeling heavy after reaching new all time highs of $42,000, investors eye Ethereum.
As ETH approached its own all time high of $1400 on January 10th, 2021 – Bitcoin experienced a change in market structure and sudden weakness, sending most of the market into the red.
The loss of momentum stopped Ethereum prices in their tracks. However, some speculate this could be the turning point for ETH/BTC.
As many feel the local top is in for Bitcoin, Ethereum has yet to break into new all time high territory.
ETH/BTC has been consolidating for 3 years.
Will Q1 2021 be the quarter of Ethereum dominance?
– Let us know what you think in the comments!
