A few days back Ethereum out performed Bitcoin activities, it was the greatest push experienced, looking at the fact that more altcoins were equally bullish by this performance, but it wasn't quite enough because most tokens retarded after sometime. Same as Bitcoin, while the lead cryptocurrency crossed another limit, by hitting a new ATH, it was rather quick to Retard but gave Ethereum a chance to peak. Quite a bearish move some days back, but thankfully some retrace was made and a bounce back was acquired. Nevertheless, the new surge wasn't far off compared to other ATH we've experienced. Ethereum on the other hand had a good time embracing glory, generating more income ×3 of Bitcoin in terms of total gas fee funded.
Few Hours Later…
Well it wasn't long before we experienced a rather slow performance, Ethereum was rather stabilizing at a certain price range than moving forward. Few days passed and that chart remained centered on a specific trail. Bitcoin also had a similar chart, but after ignoring a few bearish sell, bitcoin pumped and Ethereum followed. Right at that instance, bitcoin surpassed Facebook in total market cap of 770 billion, as at yesterday. But in a previous fall back, bitcoin settled at $40k while Ethereum based on $1.2k and a few figures more.
What Next?
I feel this has been a consistent occurrence, the Retard, the bull and then the unmovable price stable, more like a hanging form where there's often no guarantee of the next step. We witnessed this while Bitcoin struggled days before leaving the $25k prove value to $27k, same as $30 to $35k. It is now an obvious occurrence. We are currently on a waiting period, we could either witness a fall back under $40k or see a push above $45k, I'd say $50k is rather close. Regardless of all the Metrics, what will be will be, but on the contrary, Bitcoin Cash is quite a surprising competitor…
Bitcoin at a Halt, Ethereum at a Halt, Bitcoin Cash Surges Higher
We are witnessing something that has never happened before. Bitcoin is holding on to $40k preventing a fall, Ethereum is glued to $1232 trying to be stable as possible, but what is Bitcoin Cash doing? Riding the wave.
Wooots, the run up is crazy in just a few hours, I could have sworn I just saw Bitcoin Cash BCH @ $423 but now, it's nearly $200 up, up and running with +21% at the time of writing this. Bitcoin cash just set a new ATH reach of $530, aiming $1000 in a few, how fast could it push? Can it ever get as close to Ethereum again? I perceive it but looking at the gap I am left to doubt, but still, the bull is really promising. I guess some good buy orders have been coming in from hours ago, now it's surging, quite a tolerance, and now a peak.