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Ethereum (ETH) vs. Bitcoin (BTC): Something IS Happening

Long
BITSTAMP:ETHBTC   Ethereum / Bitcoin
Looking at Ethereum (ETH) price action, it doesn't look like anything is happening. We disagree.

If you look at Ethereum (ETH) vs. Bitcoin (BTC), you can see ETHBTC slowly approaching a significant resistance point at 2140. If ETHBTC could somehow get through this level, the crypto market could wake up.

Bottom Line: Ethereum (ETH) is in a position to lead a move higher. ETHBTC is still in a bullish phase. So a positive stance on ETH is not just wishful thinking on our part.

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