Discussion in 'Crypto Currency Investment and Financial Betting' started by slick, Dec 15, 2017.
ETH finally smashed through and now @ £1420
Dollar wise we're at $1990 an all time high, get above that then who knows where we'll end up.
Boooom It's gone over $2k wow that was a battle and half
never seen that sort of resistance before to keep a coin down
Now onwards and upwards we go again.
It might drop below $2k on a few occasions but now it's gone past it once that same resistance won't be there anymore.
Eth @ new all time high, now £1520
Price has dropped now but Eth did hit just under £1550.
Since then I've tried to put in a sell at that amount but the cycle seems to have finished now.
The Cycle seems to be Bitcoin rises, then the main alts like ETH rise, then the other alts follow suit, after that there seems to be a bit of a dip then Bitcoin will start the cycle again.
At the moment we're in the other alt rising going into the dip phase, should this trend continue then I expect Bitcoin to have a rise next week while everything else takes a slight tumble as money is moved out of alts into Bitcoin, the alternative to this is a big fall in the Price of Bitcoin and everything else until Bitcoin recovers and the cycle starts again.