Ethereum - The new price leading indicator?

in BDCommunitylast month (edited)

Should we consider #Ethereum , the new price leading indicator for this so called " bullish-market" ?

Should we be bullish on this new price hit by the btc?

Should we be on our personal canoe, considering that we've started to be on the big waves, hitting the higher prices on btc, and, hopefully on the all other altcoins, while btc will drag them after him?

IMG-20201021-WA0003.jpg

Until last year, somehow, the leading indicator was #litecoin ...

Somehow, the chart for two weeks looks interesting for #ethereum

IMG-20201022-WA0009.jpg

Still, i am somehow preparing my sleigh for an interesting slide to the opposite direction, even though the entire market is invaded with those "prophets" who are just trying to take advantage on people dominated by the Fomo feel, and, make them to take their reff.codes on bybit and all kind of other platforms on which most of the time the new apprentice who stepped just for a short while inside this world of crypto will get burned ...

For a chart of two weeks time frame, looks good, right? Somehow, like a pattern where the same spike took place and after that another sleigh ride came in ...

I guess, this chart looks far much better for a time frame less than two weeks, where we can see the trend on going down the entire price ... even if right now the Ethereum price spiked the 400 $ ...

IMG-20201022-WA0010.jpg

The hill is forming and i guess some correction will be required to the entire eco-system ...

I don't even mind if my prophecy will become true and we'll hit some lower prices ... maybe lower than 10K ... Yuppieee!!!

I've always mentioned that THIS WORLD IS NOT READY for a scenario of #btc to hit prices more than 50K ... Not yet ...

Especially'cause the average people has no liquidity exactly in this time frame of one of the biggest experiment in the entire history, when a totally NEW WORLD and a new society with transcend and we will live a NEW Renaissance Era through the AI and #crypto revolution ...

Even if #paypal was announcing theirnew protocol of implementing the #btc inside their eco-system, maybe it will scarry the normal people about this transcendence inside a system where everything was simpler for them ...

Same old story like when the cash was transiting to visa cards ...

For the moment, let's see how the Winter will step in and hopefully everyone will have its own sleigh ready for the #crypto journey!!!

Meanwhile, enjoy my music on my futuristic platforms:

https://musicoin.org/artist/0xd65e91f0336d0da7eff433be621bd6cd1fcfaa65

https://vibravid.io/users/ElBalkumbero

https://emanate.live/luciannagy

Ciao a tutti!!