As it typically happens when BTC fall down, most of the altcoins follow suit. Ethereum leads the adverse trend with a 6.5% drop. Just a few days ago, ETH was well above $3,100, but it’s now down to approximately $2,900. Can we still see ethereum reach 6k$ this year? Bitcoin price is being affected by new set of Chinese fud and altcoins are affected too there are a lot of altcoins a top altcoins that is now falling down and 1 of them is eth. So how would you defined the ethereum price next 3 months or at the end of this year can we still see it 5k$ to 6k$ or not?
I think we've had too much of an opinion on the future price of ETH, looking back over the past period, it has had a great growth. Personally, in the coming time, there will be a lot of big news that will directly affect the market and in my opinion that is good news. And the end that ETH reaches 2021 will be around $5000.
It is better to enjoy the price now by selling some ETH we have because the price can finally break $3,000 and hopefully, it will still rise higher. If the price can still increase from this month, no matter slow or fast, we might see the price at around $5,000 at the end of this year. Otherwise, it is just a little increase and the price will not increase above $5,000.
But I believe ETH can be more than $5,000 in the future, no matter how long the price will reach that price. We need to be patient for more because ETH is still on the way to break every high price.