đ Ethereum's Next Surge Against Bitcoin? đ
The stage is set for a potential Ethereum (ETH) rally of over 50% against Bitcoin (BTC) in the coming months! đ Technical analysis reveals the formation of a bullish inverse head-and-shoulders (IH&S) pattern on the ETH/BTC chart.
This classic reversal pattern has historically signaled significant price surges. In 2019-2021, a similar IH&S setup led to a staggering 140% ETH price surge against BTC after the breakout. đ„
But that's not all! ETH has a track record of outperforming BTC after Bitcoin halvings, with previous cycles seeing gains of over 300% and 900%. đ„ And with the potential launch of a spot Ether ETF in July, the bullish momentum could be amplified even further.
Currently trading within a large triangular pattern, a move towards the 0.062 BTC level would confirm the IH&S neckline breakout and potentially kickstart Ethereum's next explosive rally against Bitcoin. đ
Stay tuned as this setup unfolds! The stars seem aligned for ETH to once again outshine BTC in the coming months. Don't miss out on the potential opportunities ahead! đ„$BTC $ETH