Creator of Ethereum Vitalik Buterin predicted the start of the altcoin season in early 2025, and analyst Michael van de Poppe agreed with him.
I think Bitcoin dominance has peaked and altcoins will start to outpace BTC in the next few months. We will finally see a real altcoin season soon, — said Buterin.
The value of Ethereum against Bitcoin has been gradually declining since December 2021 and is now is 0,035 BTC. However, van de Poppe believes that the situation will change, and in January 2025, the price of ETH will exceed 0,04 BTC and continue to increase. The last time the price of Ethereum reached 0,04 BTC was on December 6, when ETH was worth about $4000.
Michael believes that in early 2025, investors will be pulling capital out of the Bitcoin ecosystem and investing in эфириум . This will serve as an impetus for the start of the altcoin season, during which the rate of ETH and many other alternative BTC digital assets will increase significantly.
If the price of Bitcoin does not change, then Ethereum will have to rise in price by 14% to reach the rate of 0,04 BTC. At the moment, the value of ETH against the dollar is estimated at $ 3,379, accordingly, in January we can expect the price of the coin to increase to $ 3852. As a result of the bullish rally during the altcoin season kriptovalyuta may well rise in price to $6000.