Is It Ethereum's Time to Shine?
Ashraf Laidi | Nov 06, 2023 08:20AM ET
Is it time for Ethereum to rally?
We've all seen Bitcoin dominance hitting nearly 60%, while altcoins remained in the dark. But take a look at ETH/BTC, possibly putting in a bottom, coinciding with a 477-day cycle. And while BTC has already reached its inv H&S target of $35000, hitting new highs for the year, ETH remains below its year's high of $2160. Does the cycle analysis imply more upside in ETH relative to BTC? See for yourself. By the way, that Bitcoin/Gold ratio is now fast approaching 18.
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