Post
Topic
Board Speculation (Altcoins)
Re: Do we see 5k Eth price by end of the month
by
Adbitco
on 03/09/2021, 12:46:48 UTC
A rally to $5k is possible for Ethereum, but to be certain we need Bitcoin to get closer to the $64k ATH it established in May.
September is usually a bearish month for Bitcoin, so I don't expect Ethereum to have a breakout in value, even though ETH is burned every day.
The current high transaction fees in Ethereum are due to the high level of NFT transactions. It's like the DEFI wave in previous months.

So could it be this September is a Good year considering how you said that is not a favorable month for BTC, looking closely this month will happen to be one of the best month so far time like this the market always turn bearish.