In a recent video update, popular crypto analyst Benjamin Cowen predicts that Ethereum (ETH) is gearing up for a surge against Bitcoin (BTC) in the coming year. Cowen, who has a substantial following on YouTube, points to historical trends to support his forecast that ETH will soon bottom out against BTC, regardless of how BTC performs against the US dollar. The analyst believes that ETH/BTC is likely to remain weak for the remainder of 2024, possibly into early January, before starting to make significant gains in 2025.
Cowen also highlights previous market cycles to suggest that 2025 could be a promising year for ETH/BTC in terms of quarterly returns. He notes that while 2022 saw red in the first two quarters and green in the last two, the second quarter of 2024 was the only other time ETH/BTC was in the green besides the second half of 2022. Looking back at 2021 and 2017, Cowen observes similar patterns of ETH/BTC being in the green, indicating a potential for more positive quarterly returns in 2025 and possibly into early 2026.
At the time of writing, ETH/BTC is valued at 0.03444, equivalent to $3,343.71. As the prediction of a bullish trend for Ethereum against Bitcoin gains traction, investors and traders may be keeping a close eye on these developments to capitalize on potential opportunities for profit. With the crypto market known for its volatility and rapid price movements, staying informed about expert analysis and forecasts like Cowen’s could prove beneficial for those looking to make strategic investment decisions in the digital asset space.
As the crypto market continues to evolve and mature, the relationship between Ethereum and Bitcoin remains a focal point for many traders and investors. While Bitcoin is often seen as the dominant cryptocurrency, Ethereum has established itself as a strong contender with its smart contract capabilities and decentralized applications. The potential for Ethereum to outperform Bitcoin in the near future could signal a shift in market dynamics and present new opportunities for those looking to diversify their crypto holdings.
In conclusion, Benjamin Cowen’s analysis suggests that Ethereum is poised to make significant gains against Bitcoin in 2025, based on historical trends and market cycles. With ETH/BTC expected to bottom out in early 2025 and potentially see more green in quarterly returns throughout the year, investors may be considering ways to position themselves to capitalize on this potential uptrend. As the crypto market remains highly unpredictable, it is important for traders to conduct thorough research and consider expert opinions like Cowen’s before making any investment decisions in the digital asset space.
