Ethereum Price May Go Above $6,000: Analysts Announced!

Analysts think that the Ethereum price may rise up to $6,200 in the coming months. QCP analysts, Mt. He wrote that there is a bearish outlook on #Bitcoin due to the payments to be made by Gox.

Mt., which went bankrupt in 2014 and was the largest cryptocurrency exchange of its time. #Gox will refund approximately $9.6 billion to its customers. This is expected to create selling pressure on Bitcoin.

Analysts stated that there is a bullish appearance in Ethereum. According to reports, spot #Ethereum ETFs in the #USA may begin trading earlier than expected this month.

For options in September, #QCP said a $3,000 put option could be sold with a $2,500 knock-in, while a $4,500 call option could be purchased with a $6,200 knock-out.
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