Bitcoin, ETH, and many other cryptocurrencies have been setting new all-time highs so often that it’s getting a bit boring to even mention.
To check if the attention will shift away from Bitcoin to ETH, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Ethereum (ETH/BTC) settled at 0.037443 BTC at 07:46 AM UTC at the binance exchange on Friday, February 12. In your opinion, will ETH/BTC trade above 0.041685 BTC (+11.33%) at any time before February 26?”
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Assurance: 90%
That’s a very bullish indicator, suggesting that Hybrid Intelligence believes ETH will outperform.
It might be slightly contrary to the earlier indicators that signalled that Bitcoin’s market share will increase. Yet both scenarios could happen if ETH and BTC will gain market share at the expense of other assets.
So far, Bitcoin’s price has more than doubled from its 2018 high. Looks like many analysts are expecting ETH to make a similar move (i.e. hitting $2800) before any significant correction.
To check if the attention will shift away from Bitcoin to ETH, we’ve posted the following question to Hybrid Intelligence:
“The cryptocurrency Ethereum (ETH/BTC) settled at 0.037443 BTC at 07:46 AM UTC at the binance exchange on Friday, February 12. In your opinion, will ETH/BTC trade above 0.041685 BTC (+11.33%) at any time before February 26?”
-------------------------------------
Assurance: 90%
That’s a very bullish indicator, suggesting that Hybrid Intelligence believes ETH will outperform.
It might be slightly contrary to the earlier indicators that signalled that Bitcoin’s market share will increase. Yet both scenarios could happen if ETH and BTC will gain market share at the expense of other assets.
So far, Bitcoin’s price has more than doubled from its 2018 high. Looks like many analysts are expecting ETH to make a similar move (i.e. hitting $2800) before any significant correction.