Ethereum Could Overtake Bitcoin by 2025, Says Benjamin Cowen Analysis
- Ethereum could start recovery against Bitcoin in 2025.
- Historical patterns suggest a turning point in December or January.
- 2025 could bring more positive quarters for ETH/BTC.
Ethereum (ETH) is poised to begin an upward move against Bitcoin (BTC), according to analysis by cryptocurrency strategist Benjamin Cowen. With over 848.000 followers on YouTube, Cowen c ompart valuable insights suggesting that the ETH/BTC ratio will reach a crucial turning point in early 2025.
At the time of publication, the price of ETH was trading at $3.329,35, down 1,5% over the past 24 hours. As noted by Cowen, there is a historical pattern where the ETH/BTC pair tends to bottom out in the months of December and January.
“Think about it: Historically, ETH/BTC bottoms out in December or January. It’s already December [22]. My guess? ETH remains weak against Bitcoin, probably for the rest of the year. That doesn’t mean you can’t have a green week, but it will probably remain weak for the rest of the year, maybe early January, and then I would expect ETH/BTC to start rallying in 2025, regardless of the direction of BTC/USD,” Cowen said.
Analyzing previous market cycles, Cowen highlights that 2025 promises to be a favorable year for ETH in terms of quarterly returns.
“2022 Q1 and Q2 were red, then you had Q3 and Q4 [that] were green. The only other quarter where ETH/BTC was green besides H2022 2 in the last three years was Q2024 2021… But what do you notice about 2017? ETH/BTC was green. What do you notice about 2018? At least ETH/BTC was green in H2025, it was red in H2026, but then it was green in XNUMX as well. So I would say in terms of quarterly returns, you will probably see more green for ETH/BTC in XNUMX and maybe even early XNUMX,” details the analyst.
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