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Recently Turned Bullish Reputed Crypto Analyst Reveals Greater Bet on Ethereum Over Bitcoin
Recently turned bullish reputed crypto analyst reveals greater bet on ETH over BTC.
Can the price of Ethereum beat the price of Bitcoin this cycle?
Analyst accumulated 60% of portfolio in ETH over BTC.
The crypto community is buzzing over a greater turn of events caused by one reputed crypto analyst, Doctor Profit. This silver-tongued analyst, known for his many accurate crypto market predictions so far, recently changed his tune. In fact, the recently turned bullish reputed crypto analyst reveals greater bet on Ethereum over Bitcoin. He then reveals his big plan to make heavy gains from ETH.
Recently Turned Bullish Reputed Crypto Analyst Reveals Greater Bet on ETH
The popular and reputed crypto analyst, Doctor Profit, known for his many accurate silver-tongued predictions, spent weeks preaching about the price of Bitcoin (BTC) setting its bear market bottom price at the $40,000 price range this year. Just a couple of weeks ago, the expert changed his prediction and instead believes the price of BTC won’t fall below the $54,000 price range.
In fact, the expert went on to show this commitment to this new prediction by selling all his short BTC positions and buying BTC at the $64,000 price range. He also went on to explain that every time the price of BTC trades under $65,000, specifically between the $54,000 – 64,000 price range, he will accumulate more and more of his portfolio into Bitcoin. Following this announcement, he also reveals buying ETH and COIN.
But what truly baffled the crypto community was his latest announcement as we can see from the post above. As we can see, the expert reveals that for the first time ever, ETH has a larger position size than BTC in his portfolio. To compare, in previous cycles, ETH represented only around 10% of his BTC and ETH portfolio. However, last week, he increased it to 20%.
Can Ethereum Bring Greater Gains Over Bitcoin?
Even after that spike, he made an even bigger reveal, which is that he went on to raise that 20% to 60%, meaning for the first time in his entire trading history, he will hold more Ethereum than Bitcoin for this cycle. To highlight, that amounts to 60% ETH and 40% BTC. He believes this, the largest Ethereum (ETH) bet he has ever made, will become one of the greatest holdings this cycle.
Furthermore, to bolster his latest ETH bet, he goes on to state in another post that the price of $4,000 for ETH is not far off. This post is met with several bullish responses with many mirroring his move in buying ETH between the $1,800 and $1,900 price range, and stating that it feels like a steal to buy ETH now as they will see a pump soon. Some other responses mark the coming $4,000 price target as just the first of many higher targets.