According to analyst Benjamin Cowan, Ethereum will rise against Bitcoin.
According to Cowen, ETH/BTC will rise in early 2025, regardless of how the #cryptocurrency behaves against the U. S. dollar.
BREAK Think about this: historically, ETH/BTC bottoms out in December or January.
It's December 22nd. What I think: #ETH will probably remain weak against #bitcoin for the rest of the year. That doesn't mean it won't have a green week. But it will likely remain weak for the rest of the year - possibly into early January. And regardless of the direction of BTC/USD, we expect ETH/BTC to start rising in 2025.
Cowan also notes that based on past market cycles, 2025 should be a good year for ETH/BTC in terms of quarterly returns. LINE
But what do you notice in 2021, ETH/BTC in the green that you noticed in 2017? At least ETH/BTC was green in the first half and red in the second half, but then it went back to green in 2018.
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