Friday, January 24, 2025
HomeCryptoETH/BTC's 8-Year Cycle Chart Shows How High Ethereum Price Can Go This...

ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle | Global News Avenue

ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle

This article is also available in Spanish.

Recent analysis shows Ethereum price It may run on an 8-year cycle, which is different from Bitcoin’s established 4-year cycle. this could explain Ethereum price performance significantly underperforms Bitcoin price since the beginning of the year. With this in mind, technical analysis suggests that Ethereum price still has a long way to go in this cycle, especially if Bitcoin price begins to undergo a major correction.

Understanding the 8-year cycle of ETH/BTC

technical analysis ETH/BTC Chart points out an interesting cycle between the two crypto heavyweights. Notably, the chart shows that Ethereum prices have largely underperformed Bitcoin prices over the past few years, a trend that has been occurring over the past few years. Since July this year, the situation has further intensified.

Related reading

Unlike Bitcoin prices, which follow a well-documented 4-year cycle consistent with its halving events, Ethereum prices appear to chart a different path. Over the years, data has shown that Ethereum follows an 8-year cycle. This distinction explains why Ethereum and its ecosystem tend to lag behind Bitcoin during bull and bear markets. Interestingly, this distinction is very evident in the current bull cycle, with Bitcoin hitting new highs while Ethereum continues to struggle below $4,000.

Ethereum’s 8-year cycle suggests that Ethereum may offset these fluctuations as Bitcoin price begins to peak within its own cycle. This is in line with the concept of altcoin season, where investors start to profit from the price of Bitcoin and start investing in the altcoin market.

according to TradingView Platform Analysisthe 4-year cycle of Bitcoin price suggests that the leading cryptocurrency may plummet to the depth of its sinusoidal path in 2026, based on the 2026 power law corridor. On the other hand, this predicted decline in Bitcoin prices will be offset by a simultaneous surge in Ethereum prices, pushing it to the top of the 8-year cycle by 2026.

Ethereum price
Source: TradingView

Ethereum price expected to peak in mid-2026

According to the 8-year cycle theory, the price of Ethereum is expected to peak in mid-2026. This peak is expected to coincide with the trough of Bitcoin’s 4-year cycle, creating a balance between the two leading cryptocurrencies. During this period, the price of Ethereum is expected to climb to its highest levels Bitcoin enters price adjustment phase. Additionally, BNB is expected to act as a stable asset alongside Ethereum as Bitcoin prices fall.

Related reading

Price predictions suggest that Ethereum price could reach $17,600 by June 2025, with BNB rising to $3,520 at the same time. By July or August 2026, Ethereum is expected to reach $150,000, while BNB may climb to $30,000.

As of this writing, Ethereum and BNB are trading at $3,385 and $660 respectively. Bitcoin is trading at $98,150.

Ethereum price chart from Tradingview.com
ETH price breaks $3,500 | Source: ETHUSDT on Tradingview.com

Featured image created using Dall.E, chart from Tradingview.com

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments