Ethereum (ETH) may be on the verge of a major surge against Bitcoin (BTC) in the coming year, according to crypto analyst Benjamin Cowen. Cowen predicts that ETH will bottom out against BTC in early 2025, based on historical trends. He notes that ETH/BTC typically hits a low point in December or January and expects the trend to continue this year.
Cowen believes that ETH will remain weak against Bitcoin for the rest of the year, with a potential turnaround in early January. Despite short-term fluctuations, the analyst anticipates that ETH/BTC will start moving up in 2025, regardless of how BTC performs against the US dollar. He also points out that 2025 could be a promising year for ETH/BTC in terms of quarterly returns, based on previous market cycles.
In addition, Cowen highlights that 2022 saw a mix of red and green quarters for ETH/BTC, with Q3 and Q4 showing positive returns. He mentions that 2024 also had a profitable quarter for ETH/BTC, suggesting a pattern of green quarters in the future. Looking back at 2017 and 2018, Cowen notes that ETH/BTC experienced periods of growth, indicating a potential uptrend for Ethereum against Bitcoin in the coming years.
Currently, ETH/BTC is valued at 0.03444 ($3,343.71). With the market showing signs of a potential uptrend for Ethereum against Bitcoin in 2025, investors may want to keep a close eye on this dynamic. By subscribing to email alerts and following relevant platforms on social media, traders can stay informed about the latest developments in the crypto market and make informed decisions about their investments.
To stay updated on the latest trends and insights in the cryptocurrency space, make sure to subscribe to email alerts and follow prominent platforms on X, Facebook, and Telegram. By staying informed about market movements and expert predictions, investors can position themselves for success in the ever-evolving world of crypto trading. With Ethereum poised for a potential surge against Bitcoin, now is the time to stay vigilant and capitalize on emerging opportunities in the digital asset market.
