If bitcoin made a new All Time High record now in the crypto market, do you think Ethereum will also follow and break it's ATH last year January 2018 which is more than $1000?
We have always observed that if bitcoin rises in value, most altcoins follow as well. Even now that bitcoin has reached another ATH, altcoins are also increasing and now, market is in green celebrating the bitcoins new record.
As bitcoin has already broke above the previous all time high and also the psychological barrier of $20000 I think there is free way ahead now for bitcoin to move even faster into the galaxy. For ethereum I think it should also move soon and reach previous highs in next 4 to 6 weeks so that it does not left far behind and holders will feel better about it.