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Smart Contracter: Ethereum (ETH) Is In A Breakout Against Bitcoin (BTC)

According to a crypto analyst and trader, known as Smart Contracter, Ethereum (ETH) is growing faster than the leading digital asset Bitcoin (BTC).

The crypto analyst shared with his 194.7K followers on Twitter that looking at the ETH/BTC chart, it would seem that Ethereum is breaking out against Bitcoin.

“I think it’s safe to say that is well and truly an ETH/BTC breakout.”

Last month, Smart Contracter predicted that Ethereum would breakout against Bitcoin after trading in a narrow range for around three years. Back then he predicted that ETH would reach a US dollar price of $10,000.

“ETH/BTC is still huge IHS (Inverse Head and Shoulders) breakout after a 3-year base.

It may have been somewhat boring the last few months but make no mistake about it, this is re-accumulation in a monster uptrend.

$10k ETH isn’t a meme”

He also said that Ethereum outperforming Bitcoin was given fact, ‘when’ was the only question remaining.

“ETH/BTC when, not if.”

At the time of writing Ethereum is trading sideways at $4,515.

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