ETHEREUM COULD SOON RALLY UP TO 180% AGAINST BTC AS STRENGTH MOUNTS
Ethereum and the aggregated crypto market have been caught in the throes of an intense bout of volatility as of late, which has primarily come about due to Bitcoin’s inability to break above the upper-$19,000 region.
The selling pressure placed on the entire market overnight came about after Bitcoin made another attempt to set fresh all-time highs, with the benchmark crypto plunging as low as $18,200 before finding significant support.
This sent a shockwave throughout the entire market, with ETH plunging into the upper-$500 region after navigating into the mid-$600 region.
One trader is still expecting ETH to see some serious upside in the near-term, especially against its Bitcoin trading pair.
Read more here (https://bitcoinist.com/ethereum-could-soon-rally-up-to-180-against-btc-as-strength-mounts/)