Will Ethereum Flip Bitcoin? Crypto Analyst Explains How | Headlines | News | CoinMarketCap
10/03/2023 05:09
As the largest cryptocurrency, Bitcoin (BTC) has always dominated the headlines and drives the mainstream hype around cryptocurrencies. In terms of …
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Published on October 02, 2023 22:00 GMT+00:00edited on October 02, 2023 22:04 GMT+00:00
As the largest cryptocurrency, Bitcoin (BTC) has always dominated the headlines and drives the mainstream hype around cryptocurrencies. In terms of performance, it’s no news Ethereum (ETH) has followed behind BTC in the past few years. However, according to crypto analyst Dave the Wave, Ethereum could outperform Bitcoin in the coming years.
A Different Perspective
Dave the Wave took to social media to share his views on the Ethereum/Bitcoin price action. The current trajectory shows Ethereum has been falling against Bitcoin in terms of performance since the beginning of the year.
A more in-depth examination reveals that Ethereum has been following a pattern of lower highs and lower lows, which is indicative of a continued downward trend. However, according to the …