Citi’s Ethereum Forecast: No New All-Time High Expected, Year-End Target At $...
Following an all-time high (ATH) reached last August, Ethereum (ETH), the market’s second-largest cryptocurrency, has found itself in a consolidation phase, trading between $4,200 and $4,700. This price range reflects a broader stagnation in the cryptocurrency market, as various digital assets, including Bitcoin (BTC), struggle to regain the momentum that led both BTC and ETH reach new records above $124,000 and $4,9000 respectively. Notably, Citigroup, the third-largest investment bank in the United States, has tempered expectations for the Ethereum price, forecasting a year-end....
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In its latest report, asset manager and exchange-traded fund (ETF) issuer, Bitwise, has shared an optimistic 2026 outlook for the crypto market, anticipating significant growth, while predicting new all-time highs for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Megatrends In Crypto? Bitwise begins by asserting that Bitcoin is poised to break free from its traditional four-year price cycle, setting the stage for new records. Several factors contribute to this bullish forecast. The dynamics of past cycles, including the Bitcoin Halving, interest rate fluctuations, and market booms and....
Citibank has issued fresh 12-month price targets for Bitcoin and Ethereum, laying out a wide set of possible outcomes that range from steep drops to large gains. Related Reading: No Accident: The Powerful Factors Behind Bitcoin’s Late-September Rally According to the bank’s latest note, Bitcoin’s base case sits at $181,000, while a bearish scenario puts it at $82,000. A bullish run could push Bitcoin to $231,000 within a year. Citi Lays Out Wide Range Based on reports, Citi is avoiding a single forecast and instead gives three clear paths for Bitcoin. The bank’s bearish mark of $82,000....
I have been asked both publicly and privately to speculate as to when and where the price will bottom. Speculation of that nature is risky, because it is so very easy to get the forecast wrong. Unfortunately, the nature of the internet audience is such that even if the forecast pans out, trolls will say it was a "lucky guess," or otherwise find a reason to minimize that success. On the other hand, if the forecast proves to be mistaken, the mistake will be loudly heralded as proof positive that the analyst knows nothing at all. However, there is a place in price-time which is increasingly....
Ethereum has gotten a high confidence forecast from FSInsight. The research firm which offers services across a range of investment vehicles to clients including digital assets has said that the second-largest cryptocurrency by market cap is looking at a very bullish year in 2022. FSInsight put the digital asset at more than 250% higher than […]
After a turbulent four years since the explosive rally of 2021, the Ethereum price looks ready to set new all-time highs. Mainly, the targets to trigger the next altcoin season have been set above the $5,000 level, where it seems most of the bullish pressure has been waiting. So far, Ethereum has yet to break this major target, but a machine learning algorithm has predicted that this level will be surmounted within a very short timeframe. Ethereum Price To Finally Beat $9,000 The machine learning algorithm of the CoinCodex has placed Ethereum above the $5,000 mark very soon. The 5-day....