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Markus Thielen
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August 2023
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Crypto Markets at a Glance
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👇 1) Bitcoin price is 29,412 below the 50d MA 29,887 -> this is bearish, price WoW increased by +1.3%; Ethereum price is 1,844 below the 50d MA 1,877 -> this is bearish, (WoW +0.9%); overall the trend is down -> but a +2% rally could flip the trend to bullish
👇 2) Ethereum currently underperforms Bitcoin as the trend (20d) MA shows ETH / BTC ratio is decreasing. Beta factors dr Read more of this blog post »
👇 1) Bitcoin price is 29,412 below the 50d MA 29,887 -> this is bearish, price WoW increased by +1.3%; Ethereum price is 1,844 below the 50d MA 1,877 -> this is bearish, (WoW +0.9%); overall the trend is down -> but a +2% rally could flip the trend to bullish
👇 2) Ethereum currently underperforms Bitcoin as the trend (20d) MA shows ETH / BTC ratio is decreasing. Beta factors dr Read more of this blog post »
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