RATE Group | Don’t Underestimate Ethereum’s (ETH) Ability to Outperform Bitcoin (BTC), Warns Top Cryp…
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Don’t Underestimate Ethereum’s (ETH) Ability to Outperform Bitcoin (BTC), Warns Top Cryp…

16 Feb Don’t Underestimate Ethereum’s (ETH) Ability to Outperform Bitcoin (BTC), Warns Top Cryp…

Posted at 00:07h in Cryptocurrency News by

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A prominent crypto strategist says Ethereum could easily outperform Bitcoin in a new long-term bull market cycle.

Josh Rager has been mapping the path of ETH since 2016, and points out that the current price action of the second-largest cryptocurrency lines up with its movements in late 2016, before its meteoric rise to an all-time high of $1,432.

According to Rager, investors who ultimately want to own Bitcoin could potentially buy Ethereum and try to time the market, selling it for BTC toward the end of a crypto bull run.

“This chart is a beauty. Accumulation zone that began back in 2016, imagine seeing the price go back down in this range and not buying or swing trading.

Don’t underestimate ETH, it can run against and outperform the Bitcoin chart. One can use ETH to stack sats…”

Source: Josh Rager/Twitter

Rager says he’s looking for ETH to steadily rise to $360 from its current price of $267. Once that happens, he believes the sky is…

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