There are various Bitcoin and Ethereum optimistic predictions these days. Check out the latest ones below.
An important crypto analyst said that he is expecting Bitcoin and Ethereum to put up some pretty amazing performances towards the end of 2021.
Ethereum has a flippening in store
The crypto strategist who is known in the industry as Inmortal said that Ethereum is poised to ignite a strong rally against Bitcoin (ETH/BTC) and surge as high as 0.11 BTC.
He also says that a “flippening,” or an overtaking of Bitcoin in terms of market cap, is in store for Ethereum.
“This consolidation will come to an end soon. The flippening is knocking the door.”
As the online publication, the Daily Hodl notes, Inmortal’s price prediction represents potential gains of over 70% from ETH/BTC’s current value of 0.064 BTC or $2,445.
The trader’s chart reveals that ETH/BTC could achieve the price target by October.
ETH is trading in the red, and the coin is priced at $2,482.53. As Coin Market Cap notes, “Ethereum developer Tim Beiko announced in his blog that Ethereum ’s London hard fork will launch on August 5th between 10:00 UTC and 15:00 UTC with block 12,965,000.”
Bitcoin prediction is out as well
As for Bitcoin (BTC), the crypto trader also sees the king coin meteorically rising to a new ATH of around $80,000 by November.
He said that Bitcoin’s daily chart “looks very similar to its price action at the start of 2020 when BTC rallied from $7,000 to $10,000 in a few weeks.”
— Inmortal UP ONLY (@inmortalcrypto) July 30, 2021
At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $38,149.77.
Despite the massive volatility these days, Bitcoin is surrounded by all kinds of optimistic predictions. The latest one comes from Celsius CEO.
Alex Mashinsky, CEO of crypto lending platform Celsius, said recently that he’s standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range.