Friday 11 September 2020

Has Ethereum lost momentum

Is Ethereum still bullish? Or has the move by Bitcoin back to the 20 week moving average (MA) drained some of that momentum? Here we take a look at the last cycle with a bit higher resolution than we have in the past, to try and identify exactly what happened once Bitcoin held the 20 week MA. Did the Ethereum run continue or was it stopped in its tracks? We go over exactly what happened and what we may expect if Bitcoin holds the 20 week MA.. TA Video by Benjamin Cowen.