Ethereum Flips Bullish: Analysts Eye 170% Gains vs Bitcoin
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Ether price action staged a repeat of its 2021 bull market moves against Bitcoin, leading to predictions of fresh long-term highs against BTC.
Ether is teasing 170% gains in under two months as history repeats itself against Bitcoin.
Ether has the potential to rematch long-term highs above 0.09 in Bitcoin terms.
Bull market history continues to play out for the largest altcoin, with $3,700 the next target.
Bitcoin itself could see $100,000 as soon as next week, analysis predicts.
Trader on ETH bull run: “You know what’s coming”
New analysis released on X Friday by trader Mags shows ETH price action playing out identically to the 2021 bull market.
Ether has spent years grinding lower in BTC terms, but the past few months have given the narrative a firmly bullish slant.
As Mags notes, ETH/BTC bottomed out in April, while wicking to the exact lows that laid the foundation for the previous bull run.
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