dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 20, 2018, 11:34:47 AM |
|
Ethereum is sitting on strong historical support vs. BTC and is exhibiting bullish divergences in both momentum and volume . With the upcoming Constantinople hard fork, which is reducing the block reward from 3 to 2 Eth, Eth may rally into the event after months of downtrend vs. BTC . As is indicated via the chart, Ethereum rallies vs BTC (eth outperforming btc ) have led to a risk on approach to higher risk crypto assets known as altcoins. Many refer to this event as "Alt Season". If Ethereum can manage to rally vs. btc , other higher risk assets may see explosive rallies, as sellers have become extremely exhausted and sell side liquidity is almost non existent. Recent Ideas:https://bitcointalk.org/index.php?topic=5085520.0Check out the Tradingview idea:https://www.tradingview.com/chart/ETHBTC/E5nRrebm-Ethereum-Rally-into-Constantinople-Fork-Alt-Season-Risk-on/
|
|
|
|
|
|
|
"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
IlVeroNico
|
|
December 20, 2018, 12:50:52 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season?
|
|
|
|
dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 20, 2018, 01:40:21 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season? Sure it can I think alt season is more correlated with eth than btc. It's just an idea though...
|
|
|
|
Lighthouze
Jr. Member
Offline
Activity: 196
Merit: 2
|
|
December 20, 2018, 02:00:07 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season? Sure it can I think alt season is more correlated with eth than btc. It's just an idea though... Kind of excited with this chart and the analysis. But I'm a concerned, is a bull run even more associated with BTC than ETH like we saw in the bull run of 2017? BTC for me was the catalyst for the the kind of growth experienced. Correct me if I'm wrong
|
imusify.com ❰ Award Winning Blockchain Music Platform ❱ BACKED BY NEO
|
|
|
KryptoKai
|
|
December 20, 2018, 06:19:01 PM |
|
So this is basically saying that we should exchange out BTC for altcoins as the season is upon us. Normally this happens after there is a bitcoin rally but that hasn't happened yet. This small rally is different because BTC is moving at the same rate rather than a faster rate
|
|
|
|
dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 20, 2018, 07:15:51 PM |
|
So this is basically saying that we should exchange out BTC for altcoins as the season is upon us. Normally this happens after there is a bitcoin rally but that hasn't happened yet. This small rally is different because BTC is moving at the same rate rather than a faster rate
I think that altcoins are likely to outperform bitcoin short term... "Alt season" is just whales accumulating btc before a bitcoin rally.
|
|
|
|
dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 20, 2018, 07:16:28 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season? Sure it can I think alt season is more correlated with eth than btc. It's just an idea though... Kind of excited with this chart and the analysis. But I'm a concerned, is a bull run even more associated with BTC than ETH like we saw in the bull run of 2017? BTC for me was the catalyst for the the kind of growth experienced. Correct me if I'm wrong Maybe... But refer to the chart i posted. Big rises in eth vs btc resulted in alt seasons
|
|
|
|
hubballi
|
|
December 20, 2018, 10:17:53 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season? Sure it can I think alt season is more correlated with eth than btc. It's just an idea though... Kind of excited with this chart and the analysis. But I'm a concerned, is a bull run even more associated with BTC than ETH like we saw in the bull run of 2017? BTC for me was the catalyst for the the kind of growth experienced. Correct me if I'm wrong Maybe... But refer to the chart i posted. Big rises in eth vs btc resulted in alt seasons But most of the times chart dont work in this crptocurrency, so we cannot fully depend on chart and start buying. Right now seeing the trend bitcoin is moving up and same time ETH is also moving up but most of them will prefer to invest and bitcoin.
|
|
|
|
dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 20, 2018, 10:50:19 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season? Sure it can I think alt season is more correlated with eth than btc. It's just an idea though... Kind of excited with this chart and the analysis. But I'm a concerned, is a bull run even more associated with BTC than ETH like we saw in the bull run of 2017? BTC for me was the catalyst for the the kind of growth experienced. Correct me if I'm wrong Maybe... But refer to the chart i posted. Big rises in eth vs btc resulted in alt seasons But most of the times chart dont work in this crptocurrency, so we cannot fully depend on chart and start buying. Right now seeing the trend bitcoin is moving up and same time ETH is also moving up but most of them will prefer to invest and bitcoin. Charts work fantastically.... especially in crypto. If you aren't a chart guy though, you can trade news events. I'm expecting a rally into the hard fork, which is occurring in January.
|
|
|
|
WalkerIVIV
|
|
December 20, 2018, 11:04:53 PM |
|
Having that deja vu sensation for the graph that I just saw posted on Twitter, then I read u're the same person I think lots of people will be really happy if that happens, but don't we need some bigger event to trigger a decent bull run (not talking about 20/30% but more zeroes)? Can Alt season start without a previous BTC season? Sure it can I think alt season is more correlated with eth than btc. It's just an idea though... Because more than 80% of altcoins have existed on the market were pegged to the ethereum platform. Ether could surpass ripple easily. Just waiting for the momentum when ether reaches 0.1 rates in bitcoin terms. But bitcoin still gives an impact to the ether.
|
|
|
|
cryptomaster420
Member
Offline
Activity: 256
Merit: 10
|
|
December 20, 2018, 11:47:05 PM |
|
So this is basically saying that we should exchange out BTC for altcoins as the season is upon us. Normally this happens after there is a bitcoin rally but that hasn't happened yet. This small rally is different because BTC is moving at the same rate rather than a faster rate
Timing of these has been a coincidence imho, so I wouldn't explain it with past movements (bitcoin rally into alt season). However, fundamentals are really looking good for ETH this time, especially with its laughable price. I hope ICOs contunue dumping while it's cheap, so they're out of ETH as it moons again.
|
|
|
|
dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 21, 2018, 11:04:40 AM |
|
So this is basically saying that we should exchange out BTC for altcoins as the season is upon us. Normally this happens after there is a bitcoin rally but that hasn't happened yet. This small rally is different because BTC is moving at the same rate rather than a faster rate
Timing of these has been a coincidence imho, so I wouldn't explain it with past movements (bitcoin rally into alt season). However, fundamentals are really looking good for ETH this time, especially with its laughable price. I hope ICOs contunue dumping while it's cheap, so they're out of ETH as it moons again. I don't think it's a coincidence... market sectors move as a whole. Maybe you're right though. It's just a thought.
|
|
|
|
dbt1033 (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
|
|
December 24, 2018, 03:52:03 PM |
|
So far so good... probably best to take a little off here to reduce risk.
|
|
|
|
diouf67
|
|
December 24, 2018, 04:51:05 PM |
|
Alt Seasons are normally followed by bearish overall market seasons. I'm not sure that ETH has the sway to bring the whole market with it, which is what appears to be happening right now. Maybe a fall for other alts is on the cards but not BTC or ETH.
|
|
|
|
kingzpro
Member
Offline
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
|
|
December 25, 2018, 08:07:58 PM |
|
Really on spot analysis, i totally agree with your analysis my personal target for ethbtc pair is 0.1 and i think eth will definitely achieve it in the post upgrade bull run also i think this bull run will be a long one not just a few days but many weeks and it will also drive the usd price of eth to new highs.
|
|
|
|
Mt. Dempo
Jr. Member
Offline
Activity: 294
Merit: 1
|
|
December 26, 2018, 06:25:23 AM |
|
so ethereum is an indicator for other alt? if ethereum manages to rallies vs bitcoin, the alt season will start and I was very happy and excited to wait for that.
|
🔵🔵🔵🔵🔵🔵🔵 Agareum 🔵 Multiplayer gaming platform, gamified version of an airdrop 🔵🔵🔵🔵🔵🔵🔵 https://agareum.com
|
|
|
batang_bitcoin
|
|
December 26, 2018, 06:29:09 AM |
|
Nice graph, do you have an estimated price on how much would be the ceiling of ethereum once it takes off this alt season?
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
BitcoinHodler
|
|
December 26, 2018, 08:24:07 AM |
|
altcoins are always known to pump big time in short term but that has never meant they are "outperforming" bitcoin because a pump is not a performance to be better or worse than what bitcoin has. a pump is a manipulation of the market price with creating fake demand and usually is accompanied by hype. right now it is the fork hype that is building up in ETH and the recovery so far was purely because of bitcoin price recovery. the pump can only be successful depending on how successful the hype is going to be and how much money the foundation is willing to burn while pumping it. like always i will be watching to see if there is any signs of pump-momentum on the charts and to jump on board and dump it fast to get a quick short term profit out. i have already done it recently and made a good profit from the recent recovery/mini-pump.
|
Holding Bitcoin More Every Day
|
|
|
i7claufe
Member
Offline
Activity: 378
Merit: 42
AhrvoDEEX FUTURE OF BROKERAGE TRANSACTIONS
|
|
December 26, 2018, 01:28:58 PM |
|
I don't think the altcoin season is somewhere near unless a regulation is put up in placed. Ethereum and BTC is one of the most safest and most stable investment for our hard earned money, but as what they say. Higher risks means higher rewards, small altcoins could earn you double - three digit percentages just like last year's!
|
|
|
|
gegewojinnian18
Member
Offline
Activity: 385
Merit: 10
|
|
December 30, 2018, 09:12:20 AM |
|
Although Ethereum has been upgraded, it is very difficult to get out of your own market independently. This requires the cooperation of Bitcoin. If the capitalists are willing to buy the coin Ethereum, they can recover quickly.
|
|
|
|
styca
|
|
December 30, 2018, 11:22:08 AM |
|
It's certainly an interesting time for ETH. I'm still a bit unsure about how Constantinople will affect the price as reduced reward will have an impact on the miners. We shall see I suppose, but a bounceback above the current support line does look like a reasonably likely outcome.
|
|
|
|
DudeAtWork420
|
|
December 30, 2018, 12:14:51 PM |
|
Although Ethereum has been upgraded, it is very difficult to get out of your own market independently. This requires the cooperation of Bitcoin. If the capitalists are willing to buy the coin Ethereum, they can recover quickly.
Yes talking about Alt-season, we need to wait for Bitcoin to take its action before making that season. But for ETH itself, I believe this upgrade is going to be big. At least, a massive gain is must if we are looking at what they are going to implement and they are going to achieve. I don't think the altcoin season is somewhere near unless a regulation is put up in placed. Ethereum and BTC is one of the most safest and most stable investment for our hard earned money, but as what they say. Higher risks means higher rewards, small altcoins could earn you double - three digit percentages just like last year's!
Even if a regulation takes a place, the price will not get pumped so hard like before. Because the regulators will make their own way to prevent it. remember, regulation exists to protect investor interest.
|
|
|
|
Dvd1989
|
|
January 15, 2019, 02:15:14 PM |
|
The Ethereum network will move to a new version of its blockchain software known as a the "Constantinople" fork, which will bring along mostly under-the-hood technical tweaks.
|
|
|
|
Milamol
Member
Offline
Activity: 686
Merit: 11
|
|
January 15, 2019, 04:03:32 PM |
|
According to the chart, it seems like a good idea for start a new alt season. But it is hard to believe. Until now, these were only speculative games. This is again possible, but it would be much better if some projects worked according to their roadmap without delay. We do not need a rally due of forks, Bakkt, ETF or something in this face. Requires real work of the crypto industry with high turnovers. Only in this we can be confident in our investments.
|
|
|
|
|
VanDeinsberg12
|
|
January 15, 2019, 11:43:10 PM |
|
Does a big ethereum transaction that being send to the exchange site will always mean if that will be sold? I guess that's not the correct point to call that will be affecting the fundamental of ethereum. Only bitcoin does it.
|
.......[url]CHOOSE LIFE ♦ CHOOSE SPACE ♦ CHOOSE FRIENDS...........[URL].....► C O M I N G S O O N..... |
|
|
|
arpon11
|
|
January 16, 2019, 06:31:52 AM |
|
Ethereum is sitting on strong historical support vs. BTC and is exhibiting bullish divergences in both momentum and volume . With the upcoming Constantinople hard fork, which is reducing the block reward from 3 to 2 Eth, Eth may rally into the event after months of downtrend vs. BTC . As is indicated via the chart, Ethereum rallies vs BTC (eth outperforming btc ) have led to a risk on approach to higher risk crypto assets known as altcoins. Many refer to this event as "Alt Season". If Ethereum can manage to rally vs. btc , other higher risk assets may see explosive rallies, as sellers have become extremely exhausted and sell side liquidity is almost non existent. Recent Ideas:https://bitcointalk.org/index.php?topic=5085520.0Check out the Tradingview idea:https://www.tradingview.com/chart/ETHBTC/E5nRrebm-Ethereum-Rally-into-Constantinople-Fork-Alt-Season-Risk-on/I am seeing this coming hardfork a trip for ethereum and it might be pushing down further. Bitcoin might benefit from ethereum hardfork more than ethereum itself as many people may try to convert the free coins to bitcoin after the hardfork. I think bitcoin will be bullish compare to ethereum and we hope the hardfork will not create problems for bitcoin more than solutions.
|
|
|
|
|
|