{"id":641688,"date":"2024-09-13T16:00:00","date_gmt":"2024-09-13T16:00:00","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=641688"},"modified":"2024-09-13T09:06:08","modified_gmt":"2024-09-13T09:06:08","slug":"bitcoin-to-ethereum-eth-btc-180","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/bitcoin\/bitcoin-to-ethereum-eth-btc-180\/","title":{"rendered":"Time To Convert Bitcoin To Ethereum? ETH\/BTC Charts Gears Up For 180% Surge"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Crypto investors may need to start paying attention to <\/span><a href=\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-bullish-adoption-four-high-rate\/\"><span style=\"font-weight: 400\">Ethereum (ETH)<\/span><\/a><span style=\"font-weight: 400\">, as the cryptocurrency\u2019s price could be gearing up for a major rally against Bitcoin. A crypto analyst predicts a potential 180% surge in the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-ethereum-outperform-2\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">ETH\/BTC trading pair<\/span><\/a><span style=\"font-weight: 400\">, signaling that now might be an opportune time for investors to consider converting their BTC holdings to Ethereum.\u00a0<\/span><\/p>\n<h2>Time To Swap Bitcoin For Ethereum<\/h2>\n<p><span style=\"font-weight: 400\">The price of Ethereum has been in such a <\/span><a href=\"https:\/\/shenyangcang.com\/news\/bitcoin\/bitcoin-ethereum-price-crash\/\"><span style=\"font-weight: 400\">significant bearish trend<\/span><\/a><span style=\"font-weight: 400\"> over the past few months that analysts have <\/span><a href=\"https:\/\/x.com\/cryptomichnl\/status\/64516169?s=46\" rel=\"nofollow\"><span style=\"font-weight: 400\">labeled<\/span><\/a><span style=\"font-weight: 400\"> it \u201cthe ultimate shitshow of this cycle.\u201d Despite the launch of <\/span><a href=\"https:\/\/bitcoinist.com\/spot-ethereum-etfs-are-1-month-old-heres-how-theyve-performed-so-far\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Spot Ethereum Exchange Traded Funds (ETFs)<\/span><\/a><span style=\"font-weight: 400\">, the market sentiment for ETH remains low, and its price continues to fluctuate.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/analysis\/xrp\/xrp-price-to-reach-40-get-in\/\">XRP Price To Reach $40? Crypto Analyst Says You Should Get In Right Now<\/a><\/div>\n<p><span style=\"font-weight: 400\">Taking Ethereum\u2019s price slump into consideration, a crypto analyst identified as \u2018CryptoBullet,\u2019 has <\/span><a href=\"https:\/\/x.com\/cryptobullet1\/status\/76230252?s=46\" rel=\"nofollow\"><span style=\"font-weight: 400\">declared<\/span><\/a><span style=\"font-weight: 400\"> that investors are now entering the <\/span><a href=\"https:\/\/shenyangcang.com\/news\/ethereum\/analyst-predicts-4000-mid-term-target-for-ethereum-declares-end-to-eth-correction\/\"><span style=\"font-weight: 400\">final stage of the ETH\/BTC bear market<\/span><\/a><span style=\"font-weight: 400\">. As such, the analyst predicts a 180% surge for ETH\/BTC, highlighting that it may be time for investors to begin swapping their Bitcoin for Ethereum to capitalize on ETH\u2019s anticipated price rebound potentially.\u00a0\u00a0<\/span><\/p>\n<figure id=\"attachment_641689\" aria-describedby=\"caption-attachment-641689\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-641689\" src=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/09\/Ethereum-Bitcoin-1.jpg?w=460&#038;resize=460%2C247\" alt=\"Ethereum Bitcoin 1\" width=\"460\" height=\"247\" srcset=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/09\/Ethereum-Bitcoin-1.jpg?w=512 512w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/09\/Ethereum-Bitcoin-1.jpg?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-641689\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">On September 12, the analyst took to X (formerly Twitter) to discuss his observations about the ETH\/BTC trading pair on the monthly chart. CryptoBullet pointed out that the ETH\/BTC monthly chart highlights a longstanding recurring trend in <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-ethereum-recover\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">ETH\/BTC price movements<\/span><\/a><span style=\"font-weight: 400\"> over the years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This recurring pattern is characterized by a testing phase, followed by a breakdown and accumulation period before a pump to new highs. CryptoBullet has identified this unique trend in past cycles, including between 2016 and 2017 before a major rally, again from 2018 to 2021, and now from 2022 with expectations of a strong price rebound extending into 2025.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">With 2022 acting as the testing phase, and 2024 marked by an accumulation and breakdown period, CryptoBullet forecasts that the <\/span><a href=\"https:\/\/shenyangcang.com\/news\/ethereum\/why-is-ethereum-eth-losing-ground-to-bitcoin-key-report-explains-eth-struggles\/\"><span style=\"font-weight: 400\">price of Ethereum relative to Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> could climb to $0.0885 or $0.11. This suggests that by 2025, the price of one Ethereum may be worth around $5,109 or $6,351.<\/span><\/p>\n<h2>New Bullish Targets Unveiled For ETH<\/h2>\n<p><span style=\"font-weight: 400\">\u2018TopGcrypto,\u2019 a crypto analyst on X has <\/span><a href=\"https:\/\/x.com\/topgcrypto_\/status\/57654946?s=46\" rel=\"nofollow\"><span style=\"font-weight: 400\">predicted<\/span><\/a><span style=\"font-weight: 400\"> that <\/span><a href=\"https:\/\/shenyangcang.com\/analysis\/eth\/ethereum-price-aims-2550\/\"><span style=\"font-weight: 400\">Ethereum could see a price increase<\/span><\/a><span style=\"font-weight: 400\"> to new levels before the end of the year. The analyst disclosed that Ethereum is currently experiencing strong price movements and approaching a key resistance trend line.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/shiba-inu\/shiba-inu-accumulation-whales\/\">Shiba Inu Accumulation: Whales Pull Out $4 Million From Exchanges, Can SHIB Recover?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Sharing an Ethereum price chart showing its movements from July to September, TopGcrypto pointed out that the crucial resistance level is around the $3,115 price level. He indicated that if Ethereum\u2019s price can <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-stays-strong-above-trendline\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">surpass this critical trend line<\/span><\/a><span style=\"font-weight: 400\">, it could signal a good opportunity for investors to consider going long on the cryptocurrency.\u00a0<\/span><\/p>\n<figure id=\"attachment_641690\" aria-describedby=\"caption-attachment-641690\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-641690\" src=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/09\/Ethereum-Bitcoin-2.jpg?w=460&#038;resize=460%2C213\" alt=\"Ethereum Bitcoin 2\" width=\"460\" height=\"213\" srcset=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/09\/Ethereum-Bitcoin-2.jpg?w=512 512w, https:\/\/shenyangcang.com\/wp-content\/uploads\/2024\/09\/Ethereum-Bitcoin-2.jpg?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-641690\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">According to the analyst, such a <\/span><a href=\"https:\/\/shenyangcang.com\/analysis\/eth\/ethereum-price-consolidates-2500\/\"><span style=\"font-weight: 400\">breakout<\/span><\/a><span style=\"font-weight: 400\"> could potentially drive the price of Ethereum toward new targets of $2,560, $2780, and $3,115. It\u2019s important to note that as of writing, the price of Ethereum is trading at $2,338, according to CoinMarketCap.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/m0UBoHsF\/\" alt=\"Ethereum price chart from Tradingview.com (Bitcoin)\" width=\"3286\" height=\"1450\"><figcaption class=\"wp-caption-text\">ETH bears push price back | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">ETHUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto investors may need to start paying attention to Ethereum (ETH), as the cryptocurrency\u2019s price could be gearing up for a major rally against Bitcoin. A crypto analyst predicts a potential 180% surge in the ETH\/BTC trading pair, signaling that now might be an opportune time for investors to consider converting their BTC holdings to Ethereum.\u00a0 Time To Swap Bitcoin For Ethereum The price of Ethereum has been in such a significant bearish trend over the past few months that analysts have labeled it \u201cthe ultimate shitshow of this cycle.\u201d Despite the launch of Spot Ethereum Exchange Traded Funds (ETFs), the market sentiment for ETH remains low, and its price continues to fluctuate.\u00a0 Related Reading: XRP Price To Reach $40? Crypto Analyst Says You Should Get In Right Now Taking Ethereum\u2019s price slump into consideration, a crypto analyst identified as \u2018CryptoBullet,\u2019 has declared that investors are now entering the final stage of the ETH\/BTC bear market. As such, the analyst predicts a 180% surge for ETH\/BTC, highlighting that it may be time for investors to begin swapping their Bitcoin for Ethereum to capitalize on ETH\u2019s anticipated price rebound potentially.\u00a0\u00a0 On September 12, the analyst took to X (formerly Twitter) to discuss his observations about the ETH\/BTC trading pair on the monthly chart. CryptoBullet pointed out that the ETH\/BTC monthly chart highlights a longstanding recurring trend in ETH\/BTC price movements over the years.\u00a0 This recurring pattern is characterized by a testing phase, followed by a breakdown and accumulation period before a pump to new highs. CryptoBullet has identified this unique trend in past cycles, including between 2016 and 2017 before a major rally, again from 2018 to 2021, and now from 2022 with expectations of a strong price rebound extending into 2025.\u00a0 With 2022 acting as the testing phase, and 2024 marked by an accumulation and breakdown period, CryptoBullet forecasts that the price of Ethereum relative to Bitcoin could climb to $0.0885 or $0.11. This suggests that by 2025, the price of one Ethereum may be worth around $5,109 or $6,351. New Bullish Targets Unveiled For ETH \u2018TopGcrypto,\u2019 a crypto analyst on X has predicted that Ethereum could see a price increase to new levels before the end of the year. The analyst disclosed that Ethereum is currently experiencing strong price movements and approaching a key resistance trend line.\u00a0 Related Reading: Shiba Inu Accumulation: Whales Pull Out $4 Million From Exchanges, Can SHIB Recover? Sharing an Ethereum price chart showing its movements from July to September, TopGcrypto pointed out that the crucial resistance level is around the $3,115 price level. He indicated that if Ethereum\u2019s price can surpass this critical trend line, it could signal a good opportunity for investors to consider going long on the cryptocurrency.\u00a0 According to the analyst, such a breakout could potentially drive the price of Ethereum toward new targets of $2,560, $2780, and $3,115. It\u2019s important to note that as of writing, the price of Ethereum is trading at $2,338, according to CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":641692,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,13625],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690,8323,89213,16163,1946,7931,6931,8686,78803],"class_list":["post-641688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-ethereum","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-eth","tag-eth-news","tag-eth-price","tag-ethereum","tag-ethereum-news","tag-ethereum-price","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\n<title>Time To Convert Bitcoin To Ethereum? ETH\/BTC Charts Gears Up For 180% Surge<\/title>\n<meta name=\"description\" content=\"Crypto investors may need to start paying attention to Ethereum, as the price could be gearing up for a major rally against Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shenyangcang.com\/news\/bitcoin\/bitcoin-to-ethereum-eth-btc-180\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Time To Convert Bitcoin To Ethereum? 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