Post
Topic
Board Speculation
Re: Crypto Price Prediction
by
Silberman
on 22/09/2021, 16:31:59 UTC
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
Looking at the current state of the crypto market, it is very difficult to say for sure what will happen in the next year. The odds are almost the same for both a decline and an increase with a slightly higher probability of a fall. Although some experts predict the growth of bitcoin and Ethereum is very large in the future. Considering the current bitcoin price is close to $42,000 and the Ethereum price is $2900. However, how and when the price of bitcoin and Ethereum will reach such high predictions is still uncertain.
I think it is the opposite, the signs that we are seeing point very clearly to one outcome and that is that bitcoin will go up in price, in effect we are seeing a close repetition of what happened back in 2017, and while it is not going to be and exact repetition we see all the same factors are there and if anything this time around things look even better as institutional investors are now in bitcoin and a country has made bitcoin legal tender.