1
Cryptocurrency Price Speculations / Re: Will Ethereum hit $5000 this year?
« on: June 02, 2024, 11:10:16 PM »We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.We didn't use random theories, people used familiar theories to predict the price of crypto coins. When we predict the price of Ethereum to reach $5000, we also compare it with the current price. Since the current price is not so far from $4000, it makes sense if we predict to reach $5000 won't be so difficult. When we have altcoins season, the price of crypto coins will increase massively. So we can assume Ethereum probably cross $5000 in the next altcoins season.
But I can agree that anything can happen, there is no exact prediction. We don't really know what to happen in the next few months. The market can be in bullish or bearish season. But if we consider the 4 years cycle, we should still have 1 year more for green market. It will be over at the end of 2025.