ChartSpartan

Ethereum/Bitcoin ratio suggests further gains ahead for Bitcoin

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BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The Ethereum / Bitcoin ratio is not a reliable indicator since we only have 5 years of data (since Ethereum inception). However, Ethereum seems to behave like a volatile Bitcoin , much like how silver behaves with gold . When Bitcoin peaked December 2017 the Ethereum / Bitcoin ratio also peaked (with a 1-month lag). Assuming the relationship holds, we need to see a large increase in the Ethereum / Bitcoin ratio before it signals a peak in Bitcoin .

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