🚀 Why Ethereum Will Climb Above 3,000 Soon

Author

Markus Thielen
January 16, 2024

👇 1-11) In our December 29 note, we had suggested buying ETH vs. BTC, and since then, ETH has rallied +13% while BTC is up only +3%.

👇 2-11) Chart technically, BTC could re-test its nearest support at 38,000 during the next 2-3 weeks as the GBTC outflow and the BTC positioning fatigue weight on the price. We are mildly bearish BTC for tactical reasons.

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