The crypto market is entering the exuberant stage of the four-year price cycle. Now is not the time to take leverage given the likelihood of sharp, double-digit pullbacks. However, it is also not the time to sell early. If this plays out similar to previous price cycles, I believe Ethereum will near $20,000 in the next 3-6 months.
The reason for this analysis is that many miners like me have high expectations for this valuation. It's worth considering that my entire crypto portfolio is made from mining.
Target: $4869
Trigget reference: at 3100
The reason for this analysis is that many miners like me have high expectations for this valuation. It's worth considering that my entire crypto portfolio is made from mining.
Target: $4869
Trigget reference: at 3100
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.