IkkeOmar

ETH beginning to show potential

Panjang
BINANCE:ETHBTC   Ethereum / Bitcoin
Currently we are seing BTC dominance fall to a neutral trend territory:

What does this mean for alts?
When the market goes up and BTC dominance begins to weaken, that is often a sign that alts will begin to outperform for a period.

We could see alt dominance bounce up to 11% before we see a recession and everything goes down again (maybe)

Outlook on ETH
I see ETH hitting the target (2492) if we don't see a major weakness in the market caused by external factors

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Penafian

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