Hello Guys what you think about etherum. Is etherum touch 5k in this may month ?? I see very much potential in etherum what you think ??
I'm sure if the price of ETH will reach $5k and it will happen this year, especially if there is another bull run that occurs, then of course it will make the price of ETH can increase by more than $5k this year, therefore I'm sure if ETH is very good to be used as a long-term investment, because the price will continue to increase and can give you a big profits in the future from investing in ETH.
$4k seems like an easy step for now. In just the past few weeks, we have seen several hundred increase a day. Let's not let FUD sidetrack us. There is every indication that we might be heading for a crypto super cycle, but there might be a few dips along the way. Not much knowledge, but I hope you're right. However, I'm concerned that we will not reach 5k before the end of the year. Bear markets are still likely to continue. A few months ago, we lost 60%-70%! Let's hope October and November will be great!
For me, it seems that the journey for ethereum to reach $5k is kinda tough because its price just keeps on ranging between $3,500-$3,700 only. But i know its target by $5k might be possible to achieve at the end of the year if the market will not experience a market crash that will definitely pull its price down again. So even if we see ethereum being bullish already but i know its price will even be higher once bitcoin will reach its new ATH finally. Definitely, by that time it will help ethereum too experience a massive bull run.