$20,000 Next for ETH? Analyst Says Ethereum Is Copying Price Trend That Preceded 2023 Rally
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The price of Ethereum’s native token, Ether (ETH), has struggled to gain upside momentum since the beginning of 2024. The world’s second-largest crypto by market cap even recently hit an over 42-month low against Bitcoin (BTC). However, the head of macro research at Global Macro Investor, Julien Bittel, remains optimistic about Ether.
Bittel has predicted that ETH could still rise to a staggering $20,000 in the foreseeable future if history repeats itself.
ETH On Road To New Bull Market?
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