Latest news trending on CRYPTO relates sites that HEDGE FUND “ TETRAS CAPITAL “ has issued a Bearish call on ETHEREUM.
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As in last 24 hour there is sunned spike came in CRYPO Market where BITCOIN has jumped over 10% and similarly other coins following him and Up from 5-15%.
But ETH falls from its 24 hours of 0.074 btc to 0.067 Btc.
Everyone in crypto world is excited about this sudden spike & looking for Bull run in coming time.
But knowledgeable people advising to wait and watch for this week & let the market get settle above $7000.
Only after that can decide about trend of Market.
In such a market TETRAS CAPITAL has issued a Bearish call on ETHEREUM .
According to them Bitcoin will have more upside as compared with BITCOIN.
The New york base Fund has released report when there is sudden spike came in market but ETH has slipped in terms of Bitcoin i.e. Dropped from 0.072Btc to 0.0677Btc.
As per their 40 page report they Believe that ETH price is too much overvalued. according to them Market & technology both are still in Immature to justify its current price.
LONG term for ETH has target price of $ 50000 in upcoming years.
But with time will have actual figures about TOP coins in market.
HOPING FOR BIG BOOM IN CRYPTO MARKET IN UPCOMING YEARS.
Informative articles nice keep it up
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nice writing
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@sachinmehta surely big boom will come in future.
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Nicely explained..hopefully it will grow
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I think it's time to stay in market
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There are so many reports expecting boom in the crypto market till the end of 2018...... let's wait.
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Bitcoin is a nightmare for me.
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