Bitcoin (BTC) Morning Update: ETH vs BTC

in #bitcoin • 6 years ago

SUMMARY

Bitcoin (BTC) is likely taking the ABCDE symmetrical triangle route as the primary pathway. It fits well. The below chart has updated waves with everything shifted to the right since time has elapsed. There is that chance of a D wave breakout and that'll be quite attractive.

At times, when Bitcoin (BTC) doesn't have the lead, another coin can usually be found to be holding the baton. In this case, I believe that is Ethereum (ETH). Compare the charts and you'll see that ETH is a bit ahead of BTC with regards to patterning the BTC. ETH has already completed the D wave and is now starting the E wave. IF that's the case, then BTC could follow ETH's lead and complete the D as well. BOTH have the likelihood of breaking out at the D wave.

#money #cryptocurrency #blockchain #altcoins
6 years ago in #bitcoin by
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    STEEM 0.29
    TRX 0.12
    JST 0.032
    BTC 63330.76
    ETH 3090.95
    USDT 1.00
    SBD 3.80