Trading expert John Bollinger has discussed the possibility of a Bitcoin price increase against Ethereum .
Ethereum hit a new multi-year low against Bitcoin on February 3 and is down 23.5% this year.
The Ethereum Foundation is increasing its activities in the DeFi sector and is planning a comprehensive restructuring.
market analysis by John Bollinger
Well-known trading expert John netherlands phone number list Bollinger recently suggested that the price of Bitcoin (BTC) could potentially rise to a new high against Ethereum (ETH). His observations are based on the largest cryptocurrency 's recent performance , which has significantly outperformed the leading altcoin.
price movements and theories
Bollinger referred to the theory of mean reversion, which states that extreme price swings are often temporary as assets eventually revert to their long-term averages. In this context, he said: "I like to think about the relative performance of crypto assets... mean reversion or are we talking about a moonshot here?"