myownman

ETHBTC is making another run at the Köppelmann Constant!

Long
POLONIEX:ETHBTC   Ethereum / Bitcoin
Watch Flipper in action!

ETHBTC has broken out, and is finishing the last breath of an inverse head and shoulders pattern. Tomorrow is Consensus 2017, where it is rumored that the Enterprise Ethereum Alliance will announce new members which were previously described as a "who's who of planet earth".

  • The (adjusted) Köppelmann Constant 0.06822 is the ETHBTC rate where Ether PoW mining yields the same value as Bitcoin mining

  • Also, it is the ETHBTC rate where Ether PoW expends more economic resources on PoW than Bitcoin

I am VERY bullish on the ratio.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.