In 2019, my confidence that ETH BTC can flip was not that high. January 2019 as bottom formations was recognizable came another ETH Cyle however recognizable. Usability clearly indicates that smart contract platforms will outperform BTC in the future.
In 2022, this chart would indicate a Dollar ATH which could also well go hand in hand with an ETH/BTC top (second top). Just to let you know ETH is by far my largest position for this bull market.
0.25 would mean flip
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Nothing would interest me more from a narrative standpoint than an ETH/BTC flip. In that scenario, I can imagine the image as the best store of value and especially the marketing flagship of crypto being severely challenged.
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I think a flip would currently happen at around 0.16