Ethereum Approaches Key BTC Ratio After 450% Rally in 2019

Ethereum Approaches Key BTC Ratio After 450% Rally in 2019

Ethereum (ETH) is nearing a historically significant exchange rate against Bitcoin (BTC), revisiting levels that previously catalyzed a multi-hundred-percent price surge. The ETH/BTC pair is currently hovering around 0.019, just shy of the 0.016 BTC threshold that marked a major bottom in September 2019 before ETH surged by nearly 450% over the following 12 months. Technical indicators underpin the case for a potential trend reversal. Much li...

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