An ugly idea

2019年8月21日

Let me know if this logic makes sense

2019年8月21日

註釋

Not very sure about this because on the daily, we are in a larger bull flag on BTC. When you check the correlation between ETH and BTC prices from this site:

2019年8月21日

註釋

coinmetrics.io/correlations/#assets=btc-eth
We see 86% correlation with BTC. I dont know if BTC's development will allow for this bear flag to play out. If we see another winter, maybe then. Tell me what do you think?