You are viewing a single comment's thread from:
RE: ETHEREUM Blue Sky Breakout For New All Time High
The 0.15 BTC resistance level is the one to watch. If it breaks this, then it'll give Bitcoin and run for 1st place. This will take time though.
The 0.15 BTC resistance level is the one to watch. If it breaks this, then it'll give Bitcoin and run for 1st place. This will take time though.
BTC is bound to lose #1 this year. That is one of my 2018 predictions for the crypto space.
Totally with you on this. ETH got close last June, I feel like the 0.15 BTC resistance level may take until spring to break however, as BTC isn't looking as weak as people think at the moment, there's just a lot of FUD that's likely to go away any day now.
As for sustaining dethroning BTC, I think this could take until summer, as even with reaching 0.15 BTC in the short-term, if Bitcoin continues to trade sideways, ETH would have to reach 0.2 BTC to take 1st place. Whereas I think BTC will reach $25-30k by summer, as sideways trading for this long is very unlikely.
Not forgetting a continued market correction would likely knock ETH back against BTC, as I don't think it has the strength to break from the pack quite yet.
But yes I agree, it will happen this year, I'm 95% sure about this.