Ethereum Prepares for Major 95% Rally Against Bitcoin

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ETH price could rally 95% versus Bitcoin if a decisive breakout above the key 0.042 BTC neckline confirms a bullish reversal.

ETH/BTC eyes a 95% upside toward 0.066 BTC if it breaks above the key 0.042 BTC neckline.

A bear pennant breakdown toward 0.024–0.025 BTC would negate the reversal setup.

Ethereum’s native token, Ether, could rally by over 95% versus Bitcoin, according to a textbook bullish reversal pattern forming on the ETH/BTC chart.

Ethereum mirroring bullish setup from 2021

As of Monday, Ether appeared to be carving out the right shoulder of a developing inverse head-and-shoulders (IH&S) pattern on the ETH/BTC chart.

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