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?
Bitcoin can indeed have an impact on Altcoins especially in terms of price and I am aware of that. Having experienced several market corrections this year, Bitcoin prices fell and rose again as they are today. But for Ethereum, I don't think $6K will happen again until December. The opportunities I see will only be in the highest price range of $4.7K and that I can't really confirm is just an opportunity.