Long-term Short Position on Bitcoin/Ethereum
Volume sell spike, Bitcoin is dumping as people realize it is less useful for real world transactions than Ethereum
Ethereum is created by Microsoft, is open-source and worked on by PhDs
Bitcoin’s dev team can’t even decide when to fork their code
Satoshi’s vision could not have been to create a dominant cryptocurrency - it was to share the idea of crypto itself
Read up on the power of Ethereum smart-contracts
Ethereum transfer time between two addresses is 2-8 minutes compared to 45-60 minutes of Bitcoin.
We see on the Renko chart that we are well, well below the Ichimoku Cloud.
ADX and DI suggest selling is the appropriate action.
MACD signal line well below 0, amplifying future sell signals.
Stock RSI says undervalued but pay less attention to it.
Squeeze momentum constantly in the red since August.
As you can see, Bitcoin is in a freefall state compared to Ethereum.
For those not margin or future trading, I would suggest selling Bitcoin and buying Ethereum soon.
Ethereum is created by Microsoft, is open-source and worked on by PhDs
Bitcoin’s dev team can’t even decide when to fork their code
Satoshi’s vision could not have been to create a dominant cryptocurrency - it was to share the idea of crypto itself
Read up on the power of Ethereum smart-contracts
Ethereum transfer time between two addresses is 2-8 minutes compared to 45-60 minutes of Bitcoin.
We see on the Renko chart that we are well, well below the Ichimoku Cloud.
ADX and DI suggest selling is the appropriate action.
MACD signal line well below 0, amplifying future sell signals.
Stock RSI says undervalued but pay less attention to it.
Squeeze momentum constantly in the red since August.
As you can see, Bitcoin is in a freefall state compared to Ethereum.
For those not margin or future trading, I would suggest selling Bitcoin and buying Ethereum soon.
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