Ethereum (ETH) Might Hit $12K By The End Of 2021

Justin Bennet, a well-known Crypto analyst, known especially for his predictions with Ethereum (ETH), has again put forward his views for ETH. By depicting the current trend till the end of 2021 and the future for both ETH and BTC.

The analyst has reportedly stated that ETH will be hitting the $12K target soon. Moreover, this may take place within the end of 2021, to be more precise. Bennet, upon his 96th newsletter article, claims that ETH might hit $12K and remain fully bullish.

Currently, where the whole market is soaring with the BTC making new ATH, ETH follows the same trend and now is above its target of $4K efficasely. Bennet stated that ETH has been and is and further, will be following the same steps as BTC, according to the history so far.

According to the analyst, if BTC is said to reach the $100K mark, then so will ETH to $5K. Besides, many say that this could be happening before the end of 2021.

In terms of the future, Bennet asserted that BTC will remain the key factor for which the entire industry, especially ETH plays for. Adding further, he states that, once BTC crosses over $150K and heads towards $200K, ETH will be strategically following this to itself nearing $12K.

Moreover, once BTC crosses $200K, ETH would have already passed over $15K to $20K maximum. However, several analysts predict that ETH would be reaching its ATH before the end of October, owing to its profuse and steady price surge.