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But I think we’re going to break through that later this year, maybe beginning of next year.Īnd that’s because of the use cases, the number of applications running on Ethereum continues to grow. I think the highest it got to was $4,800. “I expect Ethereum prices to go the $6,000 to $7,000 level. It’s much less a trading platform as well as more of a way for passive capitalists to earn weekly returns on their investment.
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In the case of Ethereum (ETH), Mashinsky says that the second-largest cryptocurrency by market cap could hit a new all-time high later this year or early 2023 as the ecosystem expands and the adoption rate rises. Celsius Network is a system that enables you to get, obtain as well as pay in more than 30 cryptocurrencies. So we have very strong support in that 29,000 to 33,000 range.
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Mashinsky says in a Kitco News interview that Bitcoin (BTC) could fall by up to 20 from the current price before surging. And it’s $140,000 to $160,000 before the end of this year.” The CEO of centralized finance platform Celsius Network (CEL), Alex Mashinsky, is unveiling price predictions for the two largest crypto assets by market cap. My projection for this year stays what I said late last year. Three multiplied by $35,000 puts us just over $100,000. “If Bitcoin does what it did last time, it should go at least 300% up from here. The Celsius Network head says that after testing the critical support level, Bitcoin could follow past precedence and surge by around four times from current levels. The market usually likes to test support, and after that, we should see that increase.”īitcoin is trading at $36,767 at time of writing. We keep bouncing off that range.Īnd the question is, we may have to retest it again. “So we have very strong support in that $29,000 to $33,000 range.