Famous Analyst Finds One-to-One Tracking Data on Ethereum: Going to $20,000!

Julien Bittel predicts that Ethereum could rise to $20,000 based on its current market structure.

According to a statement made by Real Vision's Macro Research Director Julien Bittel on Twitter on September 25, the analyst predicts that the price of Ethereum (ETH) could rise to $20,000. According to Bittel's analysis, Ethereum's current market structure resembles the movements in 2023, and this could be a harbinger of a new bull run.

It is stated that the regular accumulation signals in the price chart in particular indicate the beginning of a major breakout movement. According to Bittel's prediction, Ethereum's price could continue its historical rise pattern by showing a parabolic increase. It is estimated that if the current support levels are maintained, Ethereum's upward movement could continue and this increase could gain further momentum if cryptocurrencies are widely adopted.

Especially breaking the critical resistance level of $ 3,000 could trigger a major rally in the market.

Currently, the price of Ethereum is fluctuating between $ 2,600 and $ 3,600, and the $ 3,000 level stands out as the most critical resistance point that will confirm the upward movement of the price.

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