ETH - Ethereum's Ascent Over Bitcoin? Here's One Analyst's Long-term Crypto Forecast | Benzinga
In the ever-evolving crypto landscape, Ethereum (CRYPTO: ETH) might soon overshadow Bitcoin (CRYPTO: BTC) in terms of long-term performance, suggests pseudonymous crypto analyst and trader Dave the Wave.
What Happened: Dave the Wave recently shared his insights and pointed out that, while one Ethereum-versus-Bitcoin chart currently indicates a series of lower highs and lows, a broader perspective offers a different narrative.
In a post on X on Friday, he said, "The longer timeframe trumps the shorter, and helps to predict future price action, which is what speculation is all about, as opposed to simply describing recent past price action.”
ETH/ BTC
Careful of [shorter-term] hindsight bias - it's a series of lower highs until it's not.
The ...