As the old saying goes, “when you’re right, you’re right.”
I have a knack for predicting things in the market, and this year, I’ve been especially on the money (no pun intended) with crypto predictions.
But in the last few days, one of my biggest and boldest (if I do say so myself) crypto predictions seems to be coming true.
We’ll talk about that in just a second.
Using Crypto and Other Investments to Protect from a Market Crash
I believe that the Federal Reserve might be forced to crash the markets before long. And if you’re not prepared for that, it could be devastating. On Friday at 1:30 PM ET, I’d like to teach you how to prepare for a crash…
So if you’ve been following my predictions on crypto, you’re well aware that I’m pretty bullish on Ethereum.
In fact, I’ve been talking about ETH outperforming BTC for months and months.
And now, in the last few days, the ratio is finally breaking out.
Now, the chart you’re looking at is ETHUSD/BTCUSD.
This ratio shows the value of 1 ETH relative to BTC. currently reading around 0.09 on the chart. The chart has a bullish pattern and setup and is part of the basis of my prediction.
At 0.09 on the chart, ETH has a per token value of less than 10% of BTC. Or said another way BTC is more than 10x the value of 1 ETH, BUT ETH is catching up.
This is a direct comparison of the two cryptos, by comparing the relative strength of each against the dollar.
So it’s showing us that my prediction is right on: Ethereum is growing stronger against Bitcoin!
That’s a great sign of the overall health of Ethereum, and as someone who has been really bullish on ETH, even calling for it to outperform Bitcoin, that’s a great sign.
It may seem like a small thing, but it’s a good sign for my predictions coming true.
Hope you’re enjoying the crypto talks,
Jeffry
Daily Profit Publishing and Jeffry Turnmire do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
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