Bitcoinist
2020-05-05 20:00:10

Ethereum Unlikely to Mirror BTC’s Upside as Risk of Capitulation Grows

Ethereum has entered a consolidation phase alongside Bitcoin and many other major altcoins This has led it to hover within the lower-$200 region, marking a massive retrace from its recent highs of over $230 Analysts are now growing increasingly bearish on ETH, with one prominent trader noting that he anticipates it to severely underperform Bitcoin in the weeks ahead Ethereum has seen some heightened levels of technical weakness throughout the past several days and weeks. […]

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