Bitcoin vs. Ethereum vs. VeChain: Which One Will Outperform?

I’ve written about Bitcoin, Ethereum, and VeChain on this site in recent weeks.

You should also know that I own all three.

Per a recent post, I think the entire cryptocurrency market is on the verge of another two-year bull run.

But instead of talking about each crypto individually, I wanted to take a few minutes to write about which one I think will dominate the others.

To do that, we’re going to look at some charts to get a sense of relative strength and weakness.

Let me start by saying that I’m bullish on Bitcoin (BTC), Ethereum (ETH), and VeChain (VET).

That’s probably a given since I have a stake in each one.

That said, each will perform differently in the current cycle.

First, let’s take a look at Ethereum against Bitcoin (ETHBTC).

ETHBTC weekly time frame

This is a chart I’ve posted on Twitter several times.

You don’t have to be a TA guru to see that Ethereum is coiling for a move higher against Bitcoin.

The higher lows since late 2015 suggest as much.

If Ethereum does break higher against Bitcoin over the coming weeks, it will solidify the first multi-year higher low for the pair.

That would be a significant development, in my opinion.

It would also help confirm the notion that Ethereum will outperform Bitcoin over the next two years.

I’m not saying that will happen, but I do think it’s likely.

I explain a second reason why BTC may lag others this time around below.

Now that we know the technicals favor ETH over BTC, let’s see how VeChain stacks up to Ethereum.

For that, we turn to the VETETH chart.

VETETH breakout on the weekly chart
VETETH weekly time frame

As you can see, VeChain is breaking out against Ethereum this week.

If the current weekly candle closes at or near its current levels, we’ll have a confirmed breakout.

And keep in mind that these charts show at least a year’s worth of price action, so breakouts aren’t likely to fizzle anytime soon.

But as I stated above, there are no guarantees.

This type of analysis only shows what might occur over the next two years.

These charts are also open to interpretation and could change over time, in which case I’d have to reevaluate.

However, as of this writing, I can say with a certain degree of confidence that the next two years will look like this in terms of performance:

  1. VeChain
  2. Ethereum
  3. Bitcoin

Ethereum will likely outperform Bitcoin, but VeChain stands to outperform even Ethereum.

That doesn’t mean VeChain will have a larger market cap than the others.

Remember, we’re discussing relative performance here, not comparing the future size of one asset to another.

Apart from the technicals, there’s a more fundamental reason why things may play out this way.

We know that Bitcoin is in its third era and that the cycle low multiple of each cycle has been less than the one before.

Even Bitcoin isn’t immune to the law of diminishing returns.

Ethereum, on the other hand, is entering its second era, or cycle, which means it stands to gain over Bitcoin’s third-era gains.

But at the top of the list is VeChain, which is still in its first era.

Some may argue that VEN, which superseded VET was around before 2018, but VET and VeChain Thor as we know it launched in mid-2018.

With all of the above in mind, I thought it only fitting to end with a weekly chart of VeChain showing a breakout in progress.

Disclaimer: I own Bitcoin, Ethereum, and VeChain. This post is for educational purposes only and is not financial advice.

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VETUSD pending breakout
VETUSD weekly time frame