Re: Ethereum predictions ?
My thesis is ETH could stay in a perpetual bull trend until 2023. Price target of 20k+... Once ETH either flips BTC market cap, or gets real close, that's when we'll see the end of this run. Until the merge happens whales wont want to sell. Once staking goes live there will be so many arbitrage opportunities on liquid staking pools like Rocket Pool and Lido using flash loans it'll send ETH price straight to Valhalla. It's the same principal as the NFT punk selling for $500M. With the merge validators will be incentivized to stake (hold) their ETH instead of the miners being incentivized to sell it in order to pay for power and hardware. Last week 1559 had ETH burning more ETH than issuance. Some theorize we could see the equivalent of 3 bitcoin halvings happen to ETH via burn over the next 2 year.
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