Samson Mow dey predict say money go rotate from Ethereum to Bitcoin
Samson Mow, CEO of Bitcoin tech firm JAN3, dey predict say big Ethereum to Bitcoin rotation go happen as ETH investors dey lock in gains when price dey high and shift money enter BTC. Mow talk say many people see Ethereum utility for DeFi and NFTs as building step, no be for long term value storage. Big Ethereum to Bitcoin rotation fit cause selling pressure for ETH, e go limit how high e fit go, plus e go boost demand for Bitcoin and fit make BTC price go up. Traders suppose dey watch ETH resistance levels for signals say people dey take profit, make dem diversify portfolio make e balance short term gain and long term value, plus adjust strategies based on market feeling. To sabi this rotation go help traders predict how money flow go be between the two main assets. As Ethereum development continue, dis prediction show say Bitcoin still get strong hold as safe haven asset and e show how important e be to dey change portfolio allocation for crypto.
Bullish
Samson Mow talk say dem go move money from Ethereum go Bitcoin, this kain movement normally dey help Bitcoin price grow. Na the same thing happen back 2021 when ETH price jump, pipo go take profit put for BTC, this one help Bitcoin carry momentum. Short term, ETH fit get wahala and small gain as pipo dey save their profit. On the other hand, if more pipo dey buy BTC, e fit make the market strong and price go still increase. For long term, this pattern dey show say Bitcoin still be safe place for crypto money and e fit make people balance their portfolio put more money for BTC. Traders wey sabi past ETH/BTC cycles fit use resistance levels and on-chain data plan their buy time. Overall, the movement from ETH go BTC dey give good sign for Bitcoin but e go cool down Ethereum quick gains.