RATE Group | Trader: Ethereum is More Vulnerable Than Bitcoin to a Major Correction
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Trader: Ethereum is More Vulnerable Than Bitcoin to a Major Correction

02 Sep Trader: Ethereum is More Vulnerable Than Bitcoin to a Major Correction

Posted at 22:47h in Ethereum News by

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Throughout this week, some of the most widely recognized traders in the cryptocurrency community have said that Bitcoin is due for another correction before initiating a mid-term rally.

Peter Brandt, a highly experienced trader in the FX and cryptocurrency market, said in his 43 years of trading, he has not seen any asset that experienced a major trend reversal after an 80 percent correction within two weeks of stability.

Ethereum is More Likely to Fall by Larger Margin

Alex Kruger, a prominent economist and trader, said earlier this week that Ether is more vulnerable to a correction than Bitcoin.

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