mattkon

Ethereum: big picture bounce at .04 BTC

BITFINEX:ETHBTC   Ethereum / Bitcoin
Ethereum is the #2 coin by market cap. I don't see that changing within the next year, however I do see Bitcoin dominance eeking towards 60-66%, and BTC touching $4800 in August, and possibly (doom and gloom scenario) $3000 in November in 2018. Will the market reverse this fall, or winter 2019? Nobody can know, because these things are influenced by world events and big money, however, I'm betting on at least a bounce this September. Why? STUDENT LOANS.

I'm expecting ETHto touch .04 BTC within the next 3 weeks, then retrace to ~.05BTC in September.

What do you think will happen with Ethereum? Please share your ideas in the comments below.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.