Ethereum (ETH) is expected to make a strong comeback against Bitcoin (BTC) as we head into the new year, according to a prominent crypto analyst. Benjamin Cowen, a well-known crypto strategist with a substantial following on YouTube, recently shared his insights on the potential for ETH/BTC to surge in the coming months.
Cowen, in a recent video update to his 848,000 subscribers, highlighted historical trends that suggest Ethereum may soon hit a bottom against the leading cryptocurrency, Bitcoin. He pointed out that ETH/BTC typically reaches its lowest point in December or January, indicating that a turnaround could be on the horizon.
Despite the current weakness of Ethereum against Bitcoin, Cowen remains optimistic about the future prospects of ETH/BTC. He predicts that the pair will start moving up in 2025, regardless of how Bitcoin performs against the US dollar. This projection is based on previous market cycles and quarterly returns, which have shown favorable results for ETH/BTC in certain periods.
Looking back at the performance of ETH/BTC in recent years, Cowen noted that 2022 saw a mix of red and green quarters, with 2024 showing positive gains in the second quarter. He also highlighted that 2021 and 2018 were particularly good years for ETH/BTC in terms of quarterly returns, suggesting that 2025 could follow a similar pattern.
At the time of writing, ETH/BTC is valued at 0.03444, equivalent to $3,343.71. As the crypto market continues to evolve, investors are keeping a close eye on the performance of Ethereum against Bitcoin, with many expecting a potential uptrend in the near future.
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In conclusion, Ethereum’s potential to surge against Bitcoin in 2025 is a topic of keen interest among investors and analysts. With historical trends and market cycles pointing towards a positive outlook for ETH/BTC, it will be interesting to see how this dynamic plays out in the months to come. Stay tuned for more updates on this exciting development in the crypto space.