Relying on historical cycles of the cryptocurrency market, Benjamin Cowen stated that the ETH/BTC pair will begin to rise at the beginning of next year, regardless of the performance of BTC/USD.
"Historically, the ETH/BTC pair has reached a bottom in December or January. December is already coming to an end, and I think Ethereum will remain weak against Bitcoin until the end of the year, maybe even into early January. But then I expect the ETH/BTC to rise, regardless of the movements of BTC/USD," noted the analyst.
Cohen also stated that 2025 should be quite successful for traders of the ETH/BTC pair. He compared data from 2021 and 2022, analyzed movements in 2017, and said that next year should be "green" for Ethereum:
"I would say that on the quarterly charts, you will see more green candles in 2025 and maybe even at the beginning of 2026."
Earlier, the founder of MN Consultancy, Michaël van de Poppe, predicted a possible decline in Bitcoin in January 2025.
