I think we will see a small correction of like 10-15%, then the target for end of the year may be in the range of 0.07 BTC, which would be close to $600 at the current BTC price. And that's a pessimistic estimate.
Small correction to 0.07?? What do you see it go to in the first place within 5 weeks? Sounds undoable to me.
It has been at 0.14 BTC during the June bull run.
ETH has 5.74x the supply of BTC.
0.07 BTC / ETH would mean the ETH market cap would be at 40% of BTC, which sounds reasonable to me.
haha, ETH is raising, but it is hard to say that it can go to the moon early. ETH cant not go too quickly, because many people prefer Bitcoin
The reason for its slow but steady rise is, that it's merely immune to pumps and dumps due to its sheer volume. People call it stability.