Eth is on the opposite trajectory. 600k would be my next idea for support.
the price is still over 800k.
I think this is a lesson for everyone, take profits be it on ETH or BTC when you can. Right now BTC is rallying and ETH is suffering, I can't believe how much ETH you can get in terms of BTC and it can even become cheaper (although there are some signals of a reversal coming already).
BTC may touch 1k but I doubt it could sustain the price for long, you know when people start saying things like BTC at 40k by 2018 you need to start thinking about selling some and wait for a pullback. If you can't buy the dip after selling the spikes because that price is gone, well you made some profit
I feel both blockchains will be the stars of the new industry if blockchain ever catches on, they complement each other perfectly, one is conservative and the other one is innovative. In the meantime if we time it right we can increase our shares in both.
When the bitcoin stops rallying, it is the ETH's term to rise.
That is right. The Etheruem price is higher now.