Ethereum Poised to Rally Against Bitcoin, Analysts Predict
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Former Goldman Sachs executive Raoul Pal sees a potential breakout for the Ethereum/Bitcoin ratio (ETH/BTC) based on technical chart analysis.
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The ETH/BTC ratio breaking above key resistance could signal the start of a new altcoin rally, according to other analysts.
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Ethereum's price has the potential to reach $10,000-$15,000 if Bitcoin hits $150,000, says Mark Yusko of Morgan Creek Capital.
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The ETH/BTC ratio breaking out after a long consolidation period reinforces the bullish case.
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Multiple analysts are turning bullish on Ethereum and altcoins based on the recent ETH/BTC price action.