Ethereum/Bitcoin might soon surpass Bitcoin, says Dave the Wave

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Ethereum/Bitcoin might soon surpass Bitcoin, says Dave the Wave

In the ever-evolving crypto landscape, Ethereum ETH/USD might soon surpass Bitcoin BTC/USD in terms of long-term performance, says Cryptocurrency analyst and trader Dave the Wave.

Dave the wave recently shared his insights and pointed out that, while one Ethereum-versus-Bitcoin chart shows a series of lower highs and lows, a broader perspective offers a different narrative.

By analyzing a multiple-year timeframe, Dave the Wave proposed that the Ethereum-Bitcoin pair might be nearing the end of a significant wedge pattern. This could hint at a potential upward breakout early next year.

For approximately another decade, he said, Bitcoin will continue to outpace traditional assets like stock indices.

In an interview published in the Wall Street journal, one analyst said that the worst for Bitcoin may not be over.

At Benzinga's exclusive event - Future of Digital Assets, meet and engage with transformative Digital Asset and Crypto business leaders and investors. This content was partially produced using AI tools and was viewed and published by Benzinga editors.