What if Bitcoin stay at 120k and Altseason kick in ?

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What if Bitcoin stay at 120k and Altseason kick in ?

I’m expecting Ethereum to hit around $10k (give or take) by some time in the future. One way to know ETH’s strength is through the ETH/BTC ratio, because Bitcoin is basically the standard in crypto. It’s like the measuring stick for the whole market.

When the ETH/BTC ratio goes up, it means the market is favoring Ethereum over Bitcoin. When it goes down, Bitcoin’s leading the way. Historically, this ratio has bounced between 0.018 and 0.09. So when ETH is strong, 1 ETH can be worth as much as 0.09 BTC. When it’s weak, it’s closer to 0.018 BTC.

I believe history tends to repeat itself, the details might change, but the ratio usually plays out the same.

So let’s say Bitcoin hits $120,000 by year end, and we get another altcoin season like we saw in 2017 and 2021, pushing ETH/BTC ratio climbs to 0.09 again, that would put Ethereum at:

0.09 x $120,000 = $10,800.

Look up ETH/BTC !

That’s just my logic tho .Crypto is super volatile so DCA (dollar cost averaging) is still the best way to invest in this space.

Lakshitha Kumara Answered question
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