🪙Gold stayed stuck between $1700 and $2000 for almost four years.
Once it broke above $2000, the price doubled to around $4000.
💰$ETH has shown a similar pattern, moving between $2000 and $4000 for years and now finally breaking past $4000.
If a massive 15 trillion dollar asset like gold can double after a breakout, a smaller 500 billion dollar asset like Ethereum has even more upside potential.
That’s why an 8000 dollar $ETH target in the coming months doesn’t sound unrealistic.
🪙Gold stayed stuck between $1700 and $2000 for almost four years.
Once it broke above $2000, the price doubled to around $4000.
💰$ETH has shown a similar pattern, moving between $2000 and $4000 for years and now finally breaking past $4000.
If a massive 15 trillion dollar asset like gold can double after a breakout, a smaller 500 billion dollar asset like Ethereum has even more upside potential.
That’s why an 8000 dollar $ETH target in the coming months doesn’t sound unrealistic.