ETHBTC pair is above the trend line on a linear scale, where the Federal Reserve started QE in August 2019!Trade active
Contrary to popular belief, the federal reserve began QE in August 2019, 6 months before the Covid-19 crash in March 2020, and continued QE into February 2020,This also coincided with the lows of the
ETHBTC pair!We are literally close to there, with the Bitcoin-Ether pair appearing to be almost at the bottom, which coincides with the time when the federal reserve may begin QE.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.