Ethereum (ETH): All Hopes Of An Altcoin Season Lost As Price Breaks Key SupportEthereum (ETH): All Hopes Of An Altcoin Season Lost As Price Breaks Key Support

Ethereum (ETH) breaks a critical support against Bitcoin (BTC) and has now put itself in deep trouble. The price could decline sharply from its current levels if ETH/BTC closes the week below this support. This bearish close would completely shatter all hopes of an altcoin season. Some analysts are looking at falling altcoin dominance and they are linking it with what happened last time before the beginning of the altcoin season. However, they so conveniently ignore that altcoin dominance declined in the same way during July 2014 and we saw what happened to the price after that. See, the game…
Source: Ethereum (ETH): All Hopes Of An Altcoin Season Lost As Price Breaks Key Support

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