Interesting chart on ETH/BTC ratio.
Breakout seems imminent.
Upside break good for alts. Downside good for BTC.
A check of the Bitcoin dominance chart shows BTC at support which would favor a break down of this chart.
Seems to me with all the recent turmoil in the market that Bitcoin would be the favored place to speculate vs. alts until conditions improve.
Sharp eye..
Breakout seems imminent.
Upside break good for alts. Downside good for BTC.
A check of the Bitcoin dominance chart shows BTC at support which would favor a break down of this chart.
Seems to me with all the recent turmoil in the market that Bitcoin would be the favored place to speculate vs. alts until conditions improve.
Sharp eye..