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Total Members Voted: 21
Voting closed: December 03, 2024, 01:07:12 AM
The bottom line is that ETH will not go anywhere if BTC does not have a big bull run, and that is probably clear to everyone, no matter how much some people think that the ETH spot ETF is something that will make a difference.
As soon as BTC is hitting 100k, Eth will also hit 5k with the same period. I might not be able to say which one will hit first as it is less important, but the most important thing is that if the bullrun starts, both of them are going up. But as usual, BTC is the one that moves and drag others along. So, BTC will move and drag Eth along.
Quote from: KingsDen on September 08, 2024, 11:02:10 PMAs soon as BTC is hitting 100k, Eth will also hit 5k with the same period. I might not be able to say which one will hit first as it is less important, but the most important thing is that if the bullrun starts, both of them are going up. But as usual, BTC is the one that moves and drag others along. So, BTC will move and drag Eth along.Since all altcoins are sensitive to movements in bitcoin, altcoins can be expected to rise after the price of bitcoin increases. After Bitcoin hits 100K, when Bitcoin stabilizes at a price, all altcoins rise in price, and as usual, Ether price may also rise at that time. But if Bitcoin moves towards 90K then we could be able to see a big change in the price of Ether. It could be that altcoins have crossed 5K before Bitcoin hits 100K. One reason for this is that Ether touched 5k in the last bull run and we expect it to cross 10k in the upcoming bull run.
Quote from: Rubel007 on September 11, 2024, 04:08:27 AMQuote from: KingsDen on September 08, 2024, 11:02:10 PMAs soon as BTC is hitting 100k, Eth will also hit 5k with the same period. I might not be able to say which one will hit first as it is less important, but the most important thing is that if the bullrun starts, both of them are going up. But as usual, BTC is the one that moves and drag others along. So, BTC will move and drag Eth along.Since all altcoins are sensitive to movements in bitcoin, altcoins can be expected to rise after the price of bitcoin increases. After Bitcoin hits 100K, when Bitcoin stabilizes at a price, all altcoins rise in price, and as usual, Ether price may also rise at that time. But if Bitcoin moves towards 90K then we could be able to see a big change in the price of Ether. It could be that altcoins have crossed 5K before Bitcoin hits 100K. One reason for this is that Ether touched 5k in the last bull run and we expect it to cross 10k in the upcoming bull run.You are correct. But merely looking at the situation, it will appear as if it is fast for Eth to clock 5k. But in the other hand, I know the hype the BTC generates when it starts moving. Within 24hrs, it can make unimaginable moves. Sometimes making people to pay less attention to altcoins, unless people that bought for long time. Everyone will be jumping into the bitcoin bandwagon. The 2021 scenario is still fresh in my memory.
Bitcoin no doubt will hit that $100,000 price that's for sure. As for Ethereum, it's ATH was $4,878.26 during the last bull run in 2021. It will reach that price as well... or maybe not. Hmmm, TBH I don't know if Ethereum will be included as one of the altcoins out there that will not surpass it's previous ATH during the 2021 bull run. Well I believe that Ethereum has a huge community to back it up hence, it will reach that price.
Whatever the case is, I agree that both of them will reach the target prices, but will not be at the same time. At the same year of course.
So far, it's funny to see that bitcoin price has made to above 100k but Etherum just reached 4k today, whereas it was last two days that bitcoin reached a new ATH.
So far, it's funny to see that bitcoin price has made to above 100k but Etherum just reached 4k today, whereas it was last two days that bitcoin reached a new ATH. This shows that bitcoin is worth putting all your funds into and forget about any altcoin, because they don't have the power law of bitcoin which is the exponential price movement.