Chris Burniske, Bitcoin While he continued to make bullish calls for digital assets, especially Ethereum and Ethereum, he noted the possibility of a crypto rally similar to the one seen in mid-2019.
Chris BurniskeHe stated that if BTC and ETH take another step, the possibility of an ‘enhanced’ rally for the asset class will increase. As we reported as Koinfinans.com, in 2019, Bitcoin made a lot of noise with a parabolic rally from $ 3,000 to $ 14,000 before entering a nine-month downward trend.
Burniske, who previously headed the crypto arm of Ark Invest owned by Cathie Wood, is among the well-known names in the industry.
If BTC and ETH manage to rise from these levels and influence the market, we may experience a repeat in mid-2019. We’re more likely to see a final sweep in early 2024 after it rises high enough for people to believe that perhaps all-time highs can be reached.
NEWS CONTINUES BELOW
Koinfinans.com As we reported, Bitcoin and EthereumBesides , Burniske is also on the rise, especially in Solana. The venture capitalist believes SOL will continue to be the top performer in the next market expansion.
Solana has managed to outperform ETH by 3x since the bottom in 2022. I really love ETH, I have grown professionally along with the rise of Ethereum, I continue to support many Ethereum projects and I invest in ETH to this day.
NEWS CONTINUES BELOWBut this cycle the LEFT has been the fastest horse and will likely continue to be… The market distills all available information and is the ultimate arbiter of whose theses are right and wrong in an investment context.
Anyone who claims that SOL is worthless or inferior to ETH has been crushed by the market since December 2022.
