I don’t believe Ethereum will ever trade above its current all time high vs. Bitcoin (0.15).
You can substitute any altcoin for Ethereum and I believe this will still be true.
- Regulators have come down hard on ICOs.
- Bitcoin has survived the scaling attack
- BTC dominance has increased to 66% from the low of 35%
ETH is currently a distant second in market cap.
Many people see it as a technology problem.
“Bitcoin is the MySpace of the crypto world. There is no way it will stay on top forever.”
Bitcoin is designed to have a hard cap of 21 million tokens. Ethereum issuance will continue forever (barring a change in the protocol).