Ethereum 'about to go parabolic' against Bitcoin as analysts weigh BTC bear case
Ethereum’s Ether token (ETH) is due to launch a "parabolic" attack on BTC to beat all-time highs, one analyst believes.
Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC sitting near three-year highs — but its next move should be even stronger.
Ethereum against Bitcoin is one of the few bullish narratives in the short-term crypto markets this month.
In a tweet on Dec. 3, popular Twitter account Galaxy reinforced optimistic predictions for the largest altcoin, even suggesting that ETH/BTC is about to eclipse its already strong performance with a vertical move.
"I've been waiting and publicly charting ETH/BTC on the big picture for years, and now we are finally here," he told followers alongside a predictive chart.
ETH/BTC reached
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