Well done Obsidian - must be some welcome relief! Lets see if this is the exact crossover point (and if so, you picked it perfectly).
My guess, is that we will still see the downside trend vs BTC after this short term upward blip - but lets see! As we both agree, time will tell...
Thank you GIB. ETH still has a long way to go. I will be happy if it goes back to ATH and beyond. It is starting to knock on $3,000 again!
Congratulations on Bitcoin's performance! It has been amazing and BTC has a lot of room to go up in value. Especially if governments officially declare strategic BTC reserves.
I will try to hold back some cash to accumulate Bitcoin if we see a major correction in the future. Perhaps 1 BTC as a start.
I saw a wild, speculative comment online that BTC will go to $500,000 this cycle and ETH $100,000!
These are fantasy numbers but it could eventually end up there a few years from now. 5:1 ratio sounds a bit high. I'd be ok with 8:1. ETH would have to be at $9,500 right now if BTC was at $76,000. I'll admit that sounds out of reach in the foreseeable future.
Solana and Doge also have a lot of room to grow. Doge is far off it's ATH. Doge has a high inflation, holding the token's value back a bit. But the inflation will come down annually. Still, Doge might reach $1. That's 5X from where it is now, but only around 1.36X from its ATH. Perhaps Solana can reach $1,000 this cycle. If SOL goes to $1,000, ETH needs to visit at least $15,000 to equal Solana's gains. We've seen that smaller market caps don't always guarantee higher returns - so we'll see.
