Macro guru Raoul Pal says that the top smart contract platform Ethereum (ETH) is set to outperform Bitcoin (BTC) as the crypto markets enter into a new “spring” phase.
The former Goldman Sachs executive tells his one million followers on the social media platform X that based on the Tom Demark Sequential indicator, ETH is setting up to outrun BTC.
The Demark Sequential aims to identify points of trend exhaustion or price reversal.
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“That is the weekly DeMark 9 count for the ETH/BTC cross. ETH most likely outperforms from here as per usual at this stage in late Crypto Spring.”
Source: Raoul Pal/X
Pal goes on to say that Ethereum-based exchange-traded funds (ETFs) will be the “holy grail” for asset managers, at least until
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