EU Macroeconomist Sees Ethereum Skyrocketing to $12,000
Analysis
Price Impact
HighA macro strategist predicts a significant surge for ethereum (eth) to $12,000, which if realized, would have a major market impact.
Trustworthiness
MedWhile a macro strategist, zeberg's prediction is extremely bullish and contrasts with low market sentiment from polymarket bettors. his 'biggest bubble ever' warning also adds a layer of caution.
Price Direction
BullishThe strategist foresees eth 'soaring' to $12,000 due to 'extreme euphoria' and outperforming btc, although he also warns of a subsequent 'devastating crash'.
Time Effect
ShortThe prediction for eth to hit $12,000 is stated as 'as soon as this year', indicating a short-term time horizon for the upward movement.
Original Article:
Article Content:
Cover image via www.freepik.com Read U.TODAY on Google News Macro strategist Henrik Zeberg has predicted that the price of Ethereum (ETH) could potentially hit $12,000 as soon as this year. Advertisement In August, he predicted that the crypto bubble would be able to grow by another 400%. Recently, the pundit also stated that ETH would be able to "soar" while warning about "the biggest bubble ever." During this period of "extreme" euphoria, ETH will be able to outperform BTC, but this will be followed by a devastating crash. Advertisement Polymarket bettors are not that bullish At the same time, Polymarket bettors see only a 3% chance of Bitcoin hitting $10,000 this year. The odds of ETH hitting $17,000 currently stand at only 1%. The bulls have been disillusioned by the severe underperformance of the cryptocurrency sector during October. #Ethereum Price Prediction