2018-7-18 08:15 |
Markets and Prices
Hedge fund Tetras Capital has issued a bearish call on ethereum and opined that bitcoin has more upside potential.
But by issuing an unequivocally bearish call, it can capture the attention of other traders and attempt to convince them of its wisdom.
That seems to have been the intention of Tetras Capital, who caught the headlines on Monday after publishing a “Bearish Thesis” on ethereum.
Ethereum has slipped in BTC terms, however, dropping from around 0.072 at the time of Tetras Capital’s report to 0.0684 BTC at the time of publication.
The hedge fund’s bearish forecast finishes: “We believe the coming months will be extremely telling for Ethereum’s future.