Looks likes ETH is breaking out of BTC pair

[Ararbermas]

its about time that ETH overtakes bitcoin. its just much more useful. all the DEFI contracts and custom tokens... bitcoin is a rigid dinosaur but brings nothing new to the table.

nope its impossible to happen because bitcoin potential is very different if we make a comparison with ethereum. And in fact the percentage of the demand in the market is too far , so there's no way it will happen in the future .  in my opinion there's a possibility to make a ATH but when it comes overtaking bitcoin  well that's difficult.  So i suggest stop assuming too much when it comes ethereum or alts because  you know they are very weak when there's a bullish in the market.  Regards.

[bitgolden]

Bitcoin price is way too high that's why most the people looking to buy ETH. ETH has the potential to go as big as BTC in the market. With ETH you can do send or receive also you can get services from ETH Dapps. Also recently we heard the news from big liquidity groups that institutional investors are investing in altcoins such as ETH LTC BCH etc. In the altcoin market, ETH is always the leader in the altcoin market and the price correction already happened. I think we would not see the 52 weeks low 82 USD again in the near future. For me, it's great time to get in ETH as people already started investing in ETH.

Analyzed by who? Are people after the price or after a coin that is functioning well and giving profit from time to time, the mistake many people do make is that they feel they have to buy the whole of bitcoin to make an investment. Let me tell you this, the increase in bitcoin is always greater than that of Ethereum, you will find out that if Ethereum is $150, if you buy the $150 worth of it in bitcoin, you will get more profit than holding 1 Ethereum worth the $150.

It is just a bad mentality that we have to purchase a whole of bitcoin, and that is why many people are thinking bitcoin is expensive to purchase now, and while we are saying this, people are still purchasing lots of bitcoin regularly. Is it not people that do buy 0.1 btc? Or are you not counting that has an investment because it is not up to 1 btc?

[Willitivity]

Actually, this shows a bullish diversion for ETH and might have a trickle down effect to other alts but that doesn't mean alt season is here as everyomay claim. BTC dominance can grow back in a short while and we'll be back to alts bleeding out. I believe some pretty cool news surrounding ETH this week was the reason for the little breakout we saw.

[Jating]

The keyword here is might, but after looking at the price today, I don't see any trickle down effect, still the alts are bleeding furiously and no one is moving which indicates that the sideway patterns may continue up to the end of the month.

Actually, this shows a bullish diversion for ETH and might have a trickle down effect to other alts but that doesn't mean alt season is here as everyomay claim. BTC dominance can grow back in a short while and we'll be back to alts bleeding out. I believe some pretty cool news surrounding ETH this week was the reason for the little breakout we saw.

And there's no cool news surrounding ETH this week as well, the only big news will come next year when ETH 2.0 will go on production. Community still believes in Ethereum 2.0 despite scaling challenges.

[Goodvalony]

we re not seeing any break out pair. the market is trying to maintain balance and avoid a total collapse. eth is struggling to maintain support against the bucoin. untill we se the bitcoin raised properly, then can we see ethereum breaking out to what ever price it is destined to be,

[samcrypto]

we re not seeing any break out pair. the market is trying to maintain balance and avoid a total collapse. eth is struggling to maintain support against the bucoin. untill we se the bitcoin raised properly, then can we see ethereum breaking out to what ever price it is destined to be,

Bitcoin should start the uptrend first before the altcoins follow and ETH is just pumping small to save the coin from falling down. I believe we hit the bottom and with ETH it will start to grow before its update on January. I do support ETH and I hold this coin to gain profit aside from my bitcoin profit.

[crossabdd]

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

yes guys, it's already seen. I also see that eth has broken the falling pattern. and start forming new bullrun patterns. and that's not only for ETH. there are some altcoins that do that, and start a new hike with a small pump. I started to believe, altcoin sessions will come soon. just waiting for BTC confirmation to go back up. and all will follow that.

[Rodeo02]

Hi guys,

It looks like ETH/BTC is breaking out of a H&S formation.
Here my analysis : https://youtu.be/sAupjJ3uZlY

What do you guys think ?

yes guys, it's already seen. I also see that eth has broken the falling pattern. and start forming new bullrun patterns. and that's not only for ETH. there are some altcoins that do that, and start a new hike with a small pump. I started to believe, altcoin sessions will come soon. just waiting for BTC confirmation to go back up. and all will follow that.

I think its too early but next month we can confirm if the bull market will start or it will happen next year not for now.
It is just preparing  for the bull market that will happen Q1 next year.

[Murat]

Yeah, Bitcoin market is going to face again a market crisis because it's fallen down again, but the total cryptocurrency platform is based on the Bitcoin price, I think Bitcoin is the main thing on this platform, so it's not an easy way to make an alternative coin, if you think this is Eth then that will be not fair, Ethreum is still a long way to go because in order to make an alternate then you also have the capacity to cover it, But Bitcoin has been reached a milestone and It has got tremendous popularity in recent time, not only that but also Bitcoin has been accepted around the many platforms and already some countries are taking this platform for the future purpose. so it looks not easy to break out BTC pair for ETH. 

[Fredomago]

I think its too early but next month we can confirm if the bull market will start or it will happen next year not for now.
It is just preparing  for the bull market that will happen Q1 next year.

It can go sideways as there's also possibilities that the market movement can be created artificially from those investors who wanted to make some exit strategy. We know that every thing have it's own pattern but bitcoin needs to be first in moving strongly then solid alts will follow.

We can stay positively while waiting for the market to bring good sign of this strong bull to comeback. Either before the end of this year or before/after halving.  ETH still have that big potential to bring huge profits.

[Swordsoffreedom]

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

[clickerz]

The altcoin season is coming and we should be prepared before it completely come in the cryptocurrency market. It is good for now to collect more Ethereum and other top cryptocurrency for long term investment since the altcoin market is showing some strength compare to the market of bitcoin which is on the doubt stage of the market because people don't want to get into bitcoin without any clear indication of trend.

That's what I observed and telling also and not just for Ethereum, alt season is coming. Hope we are not mistake on this, and we are repeating  like 2017 bullrun. But we should not over confident, just out a stop loss, because anything can happen in crypto.But for long term hold, its favorable to accumulate now, since price is low.

[bohr]

Don't worry the bitcoin market dominance is already falling. bitcoin market dominance reaches up to 70% of the cryptocurrency market few weeks ago but now that huge market dominance is starting to fall (66% now) and that shows a good sign that the altcoins season is coming sooner than expected.   

The dominance has gone down but it is still too soon to tell what it is happening, to some this could be a period of consolidation where the price is not going to move much, after all it was really difficult for bitcoin to keep its dominance above 70%, however there are some that argue that this is the beginning of an altcoin season, and despite my doubts about it I really hope it is true since I really want to increase my bitcoin holdings and there is no better way to do that than with an altcoin season.

[danherbias07]

Sad to see that a lot of high ranking here are tryingg to bring bitcoin down in exchange for an altcoin.

Yes, let us say it is faster and cheaper with Ethereum when it comes to making transactions but that is because it is still in a good breathing position. Low usage unlike bitcoin which is being used to buy new tokens and also a first option to every company for selling anything.
That, Ethereum cannot do. The trust.

[Google+]

Sad to see that a lot of high ranking here are tryingg to bring bitcoin down in exchange for an altcoin.

Yes, let us say it is faster and cheaper with Ethereum when it comes to making transactions but that is because it is still in a good breathing position. Low usage unlike bitcoin which is being used to buy new tokens and also a first option to every company for selling anything.
That, Ethereum cannot do. The trust.

I think ethereum can be used for faster transactions because ethereum has a blockchain system that is not too dense, whereas bitcoin can send quickly, but shipping costs are more expensive because of the limited supply of bitcoin, the high price of bitcoin and the dense transactions that cause bitcoin a little slower than ethereum.

[Beparanf]

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

[Dewao]

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

This XRP has gain 4% in just one day so  and ithink around 1k satoshi increase in a week which is good for those who buy it.

[maydna]

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

That will be difficult to beat ethereum since XRP needs to increase its volume to compete. Perhaps, that will not happen in a short time but who knows because everything on the market will be possible to happen, especially if there is a strong back up for that coin. Ethereum itself need time before the price can increase. I guess that will depends on how strong the support for ethereum because the ethereum price is not going to increase in a short time too.

But ethereum will have a chance to break 0.03 btc in this month or next month, and I guess that it will increase so high when the update of the ethereum project release in the next year. Ethereum still at the no.2 at CMC and that will not easy to replace the ethereum position at the coinmarketcap list.

[atjiat]

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

That will be difficult to beat ethereum since XRP needs to increase its volume to compete. Perhaps, that will not happen in a short time but who knows because everything on the market will be possible to happen, especially if there is a strong back up for that coin. Ethereum itself need time before the price can increase. I guess that will depends on how strong the support for ethereum because the ethereum price is not going to increase in a short time too.

But ethereum will have a chance to break 0.03 btc in this month or next month, and I guess that it will increase so high when the update of the ethereum project release in the next year. Ethereum still at the no.2 at CMC and that will not easy to replace the ethereum position at the coinmarketcap list.

The fact is that recently I began to notice the fact that Ethereum is becoming an independent coin, which will not be affected by the price of bitcoin.  I believe that Ethereum can no longer be called altcoin.  On this basis, Ethereum has a lot of opportunities that are reinforced by the new results of scouts, which are aimed at improving Ethereum 2.0.  Nevertheless, I believe that ethereum is much more likely to take a leading position in the cryptocurrency market than Ripple.  But if Ripple takes second place in the cryptocurrency market, then the first will be ethereum.

[davinchi]

The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.

Are they mate? What kind of competition are you talking about because I do not see any here, there is no way that ripple can ever compete with Ethereum. When you look at both of them technology wise, Ethereum has a stronger technology, and when you look at them community wise, the community of Ethereum is very much better than that of ripple, also let us look at it from the angle of total market cap.

Forget that ripple is pumping xrp artificially, there is a limit to which they can pump the coin which will never be forever, and finally, which coin truly stands for the purpose of cryptocurrency decentralization, isit not Ethereum? So, tell me why you are exactly comparing the both coin when you should not be doing so? It is better you focus on Ethereum than ripple.