RE: BITCOIN (BTC) Update: It was $32 away from New All Time High...Will Bitcoin try again? Check out this Analysis!

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BITCOIN (BTC) Update: It was $32 away from New All Time High...Will Bitcoin try again? Check out this Analysis!

in bitcoin •  8 years ago 

What's your outlook on ETH considering it's "pregnant", but will likely be affected by the btc drop?

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  ·  8 years ago (edited)

If BTC turns trend from up to down, I'm selling most positions and standing aside for the Wave C down of Wave IV. In that case, ETH would have an ectopic pregnancy. But this decision hasn't been made yet.

Ladder in on ETH ?

You might want to wait. Once wave C down starts, it could be terrifying.