Hello, dear members of LeoFinance!
Today I just want to comment on the price chart of Ethereum/Bitcoin (ETH/BTC).
Since the beginning of this year, Ethereum has increased in price significantly against Bitcoin:
As can be seen from the chart, right now, ETH/BTC is consolidating between 38.2 and 50.0 Fibonacci levels. So, Ethereum is almost in the middle of the historical price range against Bitcoin.
I am really curious about how the transition of Ethereum to ETH 2.0 will affect the price chart.
To be continued ...
As of the time of writing, one Ethereum costs 0.067857 Bitcoin on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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