According to the latest reports, there’s a popular crypto analyst who is calling for Ethereum to outperform Bitcoin over the next few months drastically.
Ethereum to outperform Bitcoin
Pentoshi said that he’s looking for Ethereum to form a higher low to build support for a further rally now that the token has broken out of its downtrend against Bitcoin.
$ETH MACRO VIEW
(Weeks/months) as we know extremes happen inside that
Simply outperforms $BTC imo
Broke out vs BTC on this massive flag
— Pentoshi Wont DM You (@Pentosh1) August 3, 2021
He also made sure to point out the following: “We got the 60-64k. We got the 29k bottom. Imo if we do get above 64k. We are going to 200-250k. That’s only a 3x above the prev ath’s. It’s not wild when you think about what #Bitcoin is, and it’s future with global adoption. Think bigger $BTC. Next price discovery will be wild.”
One other follower said: ”$ETH getting all the attention could allow $BTC to go on a sneaky run over the next few weeks. Cycle timing good enough and short-term pullback might be over.’
At the moment of writing this article, ETH is trading in the green and the coin is priced at $2,774.18.
Ethereum bullish prediction
An important crypto analyst said that he is expecting Bitcoin and Ethereum to put up some pretty amazing performances towards the end of 2021.
The crypto strategist who is known in the industry as Inmortal said that Ethereum is poised to ignite a strong rally against Bitcoin (ETH/BTC) and surge as high as 0.11 BTC.
He also says that a “flippening,” or an overtaking of Bitcoin in terms of market cap, is in store for Ethereum.