With Bitcoin ranging and taking a break a bit, Ethereum is slowly gaining pace. I think we will see Ethereum rise by about 100% by April to $3000-$3800 area.
I think then, we might see some significant pullback ($1800-$2300 area) before continuing upwards.
Reasons why I think this will happen:
Largest weekly close with breaking ATH.
Hard fork - moving from Proof of work to proof of stake, replacing miners with validators.
Massive outflow from exchanges to private wallets causing supply crunch.
Institutional interest in Ethereum and DeFi.
Prediction - ETHBTC ratio at least 0.1 in 2021.
Not a trading advice.
I think then, we might see some significant pullback ($1800-$2300 area) before continuing upwards.
Reasons why I think this will happen:
Largest weekly close with breaking ATH.
Hard fork - moving from Proof of work to proof of stake, replacing miners with validators.
Massive outflow from exchanges to private wallets causing supply crunch.
Institutional interest in Ethereum and DeFi.
Prediction - ETHBTC ratio at least 0.1 in 2021.
Not a trading advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.