NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Macro Analyst: Ethereum Looks Like It Will Outperform Bitcoin in the Future

Nick Chong
Nick Chong
4 years ago
3 mins read
ethereum price

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

From the all-time high of $1,400, Ethereum is down by approximately 80%.

Due to a collapse in the ICO bubble and the narrative shifting from altcoins to BTC, the -80% performance ETH has registered is much worse than that of Bitcoin. From its all-time high of $20,000, BTC is down less than 50%.

While there are many believing the leading cryptocurrency will continue to outperform altcoins, a prominent investor is throwing his weight behind Ethereum.

Related Reading: This Crypto Use Case Has Never Been as “Underrated” Due to Twitter and Trump

Ethereum Poised to Outperform Bitcoin?

Bitcoin’s performance may be impressive, but even more impressive is that of Ethereum.

The second-largest digital asset is up more than 22% in the past week alone, according to data from Coin360.com. Over that same time period, BTC is up “only” 14.45%.

Real Vision chief executive Raoul Pal, who commented on the chart of ETH/BTC after the recent breakout, said in reference to the chart below:

“It even looks like Ether will outperform Bitcoin at some point (no position yet). Please remember: No tribal attacks about bitcoin vs ethereum. They are two different things and two different ecosystems.”
ETH/BTC
ETH/BTC chart from prominent Wall Street investor and analyst Raoul Pal (@RaoulGMI on Twitter).

The chart shows Ethereum breaking out of a crucial resistance against Bitcoin that formed after the February highs.

Pal’s optimism about Ethereum’s prospects, especially against Bitcoin, has been echoed by a limited set of other market participants.

Per Mohit Sorout — partner at crypto hedge fund Bitazu Capital — it is “quite possible that ETH has printed a major cycle low [against Bitcoin],” pointing to the chart seen below. He claimed in late April that the chart shows a bullish “weekly market structure.”

As to why exactly the chart signals that upside is likely, he pointed to two factors:

  • ETH/BTC has begun to print consecutive higher lows and higher highs, indicative of a reversal
  • And the directional movement index (DMI) indicator has recently crossed bullish.

Quite possible that $ETH/ $BTC has printed a major cycle low.

Weekly market structure is bullish👀 pic.twitter.com/0lYYK1V7zP

— MS📈 (@singhsoro) April 25, 2020

There Are Reasons to Be Bullish on Ethereum

Pal and Sorout are some of the only prominent crypto analysts to have said that ETH has a good chance at outperforming Bitcoin in the next bull run. Yet there are strong fundamental reasons to be bullish on the cryptocurrency.

As reported by NewsBTC previously, data site DeFi Pulse has shown that there is now $953 million worth of assorted crypto assets locked into DeFi applications.

It’s a trend that shows DeFi is growing, and as a result, so should Ethereum. The founder of Ethereum-based app MakerDAO said:

“4 million Dai was just minted with WBTC in a single transaction. This really showcases the latent demand for non-ETH assets, and it’s the beginning of a broader trend of DeFi acting as an economic vacuum that will eventually attract almost all value to the Ethereum blockchain.”

Related Reading: Crypto Tidbits: Bitcoin Nears $10k, Goldman Sachs Talks Cryptocurrency, Chinese Yuan Slumps
Featured Image from Shutterstock
Tweet123Share240ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Crypto

【2025年にビットコインが20万ドルへ?今買うべきico 仮想通貨プレセールとは】

ビットコインの価格が再び急騰し、再びメディアの注目を集めています。投資家たちの間では、「この勢いでビットコインが2025年に20万ドルへ到達するのではないか?」という議論が再燃しています。 市場全体が...

Yohei Hanazato 3 hours ago
Best Altcoins to Buy as Bitcoin Nears All-Time High After Progressive US-China Trade Talks

Best Altcoins to Buy as Bitcoin Nears All-Time High After Progressive US-China Trade Talks

Bitcoin has successfully reclaimed the $100K mark and is now trading around $104K. This sharp move is reportedly driven by...

NewsBTC 3 hours ago
Ethereum

Ethereum Surges Past $2,600: Popular Trader Says ETH Is Leaping Ahead Of Bitcoin

The price performance of Ethereum has been one of the most disappointing features of 2025, with the altcoin closing the...

Opeyemi Sule 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

4 najlepšie altcoiny na kúpu práve teraz: Solaxy, BTC Bull, MIND Of Pepe a Best Wallet Token

News BTC 2 hours ago
Best Crypto

2025年のアルトコインシーズンに備え、爆発的な成長が期待される注目のミームコイン3選

Yohei Hanazato 2 hours ago
Solana

【仮想通貨 1000倍の可能性?Solanaが重要局面へ突入 – 180ドル突破が次の展開を左右】

Yohei Hanazato 3 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Quickly start cloud mining and earn $87,134 per day with...

    3 hours ago
  • 2025’s Best Cloud Mining Sites for Bitcoin and Dogecoin...

    8 hours ago
  • The $150K BTC Forecast Is In – Don’t Just Watch...

    12 hours ago
  • BTC breaks through $100,000 and market value exceeds $2...

    21 hours ago
  • XRP, DOGE Price Prediction: How to Make $8,700 a Day with...

    23 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.