theeverythingbubble

Ethereum... Is $160,000 Even Possible?

Long
INDEX:ETHUSD   Ethereum
Ethereum is an absolute beast. The Bitcoin maxi's are going to hate this idea, but the chart speaks for itself. I think there is a real possibility that not only does Ethereum flip Bitcoin, but it absolutely decimates it in terms of market cap. One can see that Ethereum is following the pattern of Bitcoin but it is growing more rapidly. The ETHBTC chart is also displaying an Adam & Eve pattern indicating significantly higher Ethereum/Bitcoin values. Take it for what it is, and yes this would mean a market cap in the trillions.

Is this even possible? I think so. There would have to be significant development and a new paradigm that would act as a catalist to move the Ethereum price this high. Is there something waiting in the works, something huge that will use the Ethereum network?

Time will tell.

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