Ethereum vs Bitcoin: ETH May Set New Records

Ethereum (ETH) could launch a “parabolic” attack on BTC to break all-time highs.

TradingView data shows that ETH / BTC is near three-year highs, but its next move should be even stronger.

In a tweet on December 3, the popular Galaxy account suggested that ETH / BTC is about to outshine its already strong numbers when it goes into parabolic mode.

ETH / BTC hit 0.085 this week, the highest since its brief spike in May this year. In addition, only 2018 is on the way to new all-time highs, however, this year some exchanges will have significantly higher ceilings up to 0.15.

In dollar terms, the picture is also promising: Ethereum has repeatedly set new records in early November and has remained within 20% of the $5,000 since then.

While not all points to a drop in the $5,000 level, ETH / USD is trading at around $4,550 at the time of writing.

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