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RE: Technical Analysis on Ethereum: IS ETHEREUM NEARING BOTTOM?

in #cryptocurrency6 years ago

I was thinking of buying ETH at $150 but may have to re-think if bitcoin is gonna continue tanking this year. what im wondering is when Eth does find its bottom how will it respond. will it be like 2017 June-Nov and start another large equilibrium pattern thats sorta slow and drawn out or will it start really outperforming bitcoin and make fast moves back up. I guess it depends on where they are in the scalability area, im thinking the former.

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Agreed...I think once Bitcoin starts it's bull run, it'll initially out pace ETH.

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