re: Official CryptoTalk Thread

I know you guys hate it when I say this but what we're seeing really isn't that different. Nothing new has really happened with the BTC-ETH relationship

2018:

Eth hits ATH 1300 1/12. BTC was 14k on this day - 71% from ATH.

Eth range traded 850-1000 (65-76% ETH ATH) for two months before a flash crash moved the range to 700-800 (52-60% ATH) and then slow-bleeding down to $90 in December.

Btc was 10k (50% 2017 ATH) on 5/4 when eth flash crashed and began range trading 40-60% ATH while eth bleed to $90.

If this looks familiar, it's because it is.

Eth ATH this year 4100. BTC was 79% ATH when ETH hit. It is currently range trading $2500 - $2800 (60 - 68%) while btc range trades 55% - 60%.

Stretch this out by a couple months and I'll bet you see that BTC range drop down to 45-55%.