So I have taken notice of this "coinbase effect" and I really believe that it is true. I think that people are downloading coinbase, seeing how high BTC is, and deciding to invest into LTC and ETH instead. I am NOT saying that these coins will pass BTC in any way, but I do think that LTC and ETH will be in the 4-10 thousands next year for sure. I made a video with my full predictions and thoughts, please check it out and let me know what you think! Thanks
https://www.youtube.com/watch?v=MOaP7C1JHqkExactly one year later, the Litecoin price instead of the expected $5,000 dropped below $30. This clearly shows that making forecasts in the crypto world is extremely difficult and pointless, because the crypto market is extremely unpredictable. Moreover, the forecast must be supported by objective arguments, otherwise these are just words and an attempt to guess the future price of a cryptocurrency.