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Ethereum Forum / Re: ETH predictions of next week.
« Last post by enwi on Today at 03:43:25 PM »Bitcoin price movements lately always provide surprises and for those traders who can follow bitcoin price movements well and keep holding bitcoin when it collapses, you are the winner. For Ethereum, I really doubt that the price will rise that much because considering the huge supply of ethereum, it is impossible for the price of ethereum to reach $100,000.The Bitcoin market has been pumping and dumping quite a bit for a while now, so until the Bitcoin market stabilizes or turns positive or negative, there's no guarantee that Ethereum will finally be worth $100,000. We've seen the Ethereum price rise before when the Bitcoin market pumped considerably. Since the price change of Ethereum is dependent on the price change of Bitcoin, we will have to wait some more time but we will be able to predict the next movement of Ethereum.Bitcoin is the King of crypto, so it is natural that bitcoin movements will influence the price of other coins. Let's just see, when the price of Bitcoin fell, almost all coin prices also experienced a sharp decline. but this is still a correction so keep holding and hold until next yearEven though bitcoin is the king of all existing cryptocurrencies, unfortunately it still has very high risks and there are still very few countries that accept transactions using bitcoin, perhaps they realize that the very fluctuating price movements of bitcoin make them afraid to use bitcoin as one of the transactions used.