Ethereum Could Flip Bitcoin In 2022 – New Crypto Predictions Amidst Market Consolidation

It seems that the optimistic predicitons about Bitcoin and Ethereum continue amidst the market consolidation. The crypto market has been seeing multiple corrections lately, and now things are consolidating price-wise.

Crypto analyst Nicholas Merten says that Ethereum (ETH) could overtake Bitcoin (BTC) as the leading crypto asset this year.

As the online publication the Daily Hodl notes, in a new video, Merten said that the “flippening,” or the event of Ethereum’s market cap surpassing Bitcoin’s, is still a major possibility in this market cycle.

“I know a lot of people think that’s far out, but Ethereum, from a previous upper band range, only needs to make I think around 80% to 100% move in order to do that.”

He continued and said:

“I’m not saying it’s going to remain there for a long period of time. That’s not the name of the game here. We’re investing and trading here. In this case, we’re trying to see if we can get that price point up there and make those returns against Bitcoin.”

He also said that this is a pretty nice bet and if people can invest in Bitcoin, this is great, But he also said that for people who can invest in something that has the potential to double against Bitcoin, this is better.

Regarding the price of cryptos today, at the moment of writing this article, BTC and ETH are both trading in the red. BTC is priced just above $38k and ETH is trading at $2,529.

ETH made headlines the other day, when Elon Musk said that he owns ETH and he does not plan to sell it.

As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.

I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.

— Elon Musk (@elonmusk) March 14, 2022

Stay tuned for more news.