Re: Crypto Price Prediction

Quote from: arufox on September 18, 2021, 07:33:25 PM

Quote from: AWMM24 on August 23, 2021, 02:09:02 AM

Bitcoin and cryptocurrency prices have jumped today with ethereum rival cardano making a huge leap higher—even after Coinbase revealed an ethereum surprise last week.

The bitcoin price remains off the closely-watched $50,000 per bitcoin level but ethereum has climbed back over the $3,000 mark after dipping under it earlier today.

Now, as cardano and solana make double-digit gains and outpace other cryptocurrencies, famed investment strategist Lyn Alden has predicted bitcoin will hit $100,000 and ethereum will reach $5,000 as soon as next year.

Reference

I am of the view that Bitcoin and ETH will score new all-time highs next year. because Bitcoin and Ethereum have been able to survive the intense correction since mid-May. Therefore, cryptocurrencies have great potential to become an important part of the financial and economic sector in the future.

I do not think we are going to have to wait until the next year to see a new all time high for bitcoin and ethereum, all the conditions are there for the bull market to recover strength at the end of this year.

Now some are expecting a crash similar to what we saw in 2018 but I doubt that things are going to happen in that way, and this is because institutional investors are now part of the market, which means that any huge crash or dip is going to be bought by them, so it is entirely possible the bull run extends all the way up to the next year and it could probably go for even a longer amount of time than that.