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?
It will not be an easy one for someone to predict the ethereum price in the next 3months correctly. Beginning of this year, we find the ethereum price wolverine around $600 before the bull run. During that period, ethereum was downgrading in price badly before the help of bitcoin halving(bull run) that skyrocketed her price to ATH of $3900. This last quarter of the year might be a very good year for ethereum to gets to another ATH($5k-6k)