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Here’s why one analyst says Bitcoin will outperform Ethereum in the short term

Published 06/17/2021, 08:14 AM
Updated 06/17/2021, 10:00 AM
Here’s why one analyst says Bitcoin will outperform Ethereum in the short term
BTC/USD
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BTC/ETH
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In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term.

So believes David Lifshitz, chief investment officer at ExoAlpha — a Paris-based investment management service — who noted that Bitcoin’s upside potential in the near term is higher than that of Ether’s. He said so after spotting a recent shift in the BTC/ETH ratio.

Bitcoin vs. Ether price comparison on same percentage scale. Source: TradingView
The BTC/ETH ratio relative prices go flat upon testing the channel's lower range
Bitcoin volume surged after May 19 crash even though BTC remained clueless about the next price direction. Source: ExoAlpha
Ether volumes remained more or less the same after May 19 crash. Source: ExoAlpha

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