Our ETH ROC generated a “BUY Signal” in Mid-December while BTC issued its buy signal a month earlier. BTC has since rocketed above the psychological resistance level of $100,000 before falling back below, where it is consolidating in preparation for another leg up. Ethereum has not had its explosive rise yet so it is still a very good opportunity.
Over the next 9 months or so the ETH ETFs should give Ethereum a nice boost.
Proposals are already circulating in Congress to establish Bitcoin holdings to add to the U.S. government’s strategic reserve gold holdings which should boost Bitcoin but also drag the other cryptos up as well.
We have updated our Crypto ROC – BTC and ETH page so check that out for further information.
If you haven’t traded cryptos before, Coinbase is the largest Crypto Trading platform in the U.S. and it works just like a brokerage account. It offers trading and custody of a large selection of cryptos. It has both a simple beginners page and an advanced traders page. Funding is easy and on the simple page, you can buy ETH or BTC with a couple of clicks. You can start with just a few dollars to get your feet wet. Commissions can be as low as a few cents. You can find more information about it here. (They often offer signup bonuses and incentives.)
