Crypto飞哥
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How high can ETH rise at the peak of the bull market???
This is actually quite easy to estimate.
I estimate the reasonable price of Bitcoin during the bull market to be between $140,000 and $160,000. I settle on $155,000.
In a major bull market, Bitcoin's market share is 0.32. Therefore, the total market cap of the crypto market is $155,000 * 21,000,000 / 0.32 = $10,171,875,000,000.
The peak market share of ETH in a bull market is 0.2.
$10,171,875,000,000 * 0.2 = $2,034,375,000,000.
$2,034,375,000,000 / 120,000,000 = $16,953.
The current price of Bitcoin is $94,000. If it rises to $155,000, that’s a 70% increase.
So if ETH rises 4 times, it will reach the peak price.
However, I tend to discount my own estimates by 30%. I'm not very confident.
So the price of ETH would be $16,953 * 0.7 = $11,727.
How much Bitcoin and Ethereum do you hold? Multiply by these two numbers, and that’s roughly your peak profit in the bull market.
I personally believe it won't be too far off.
This is actually quite easy to estimate.
I estimate the reasonable price of Bitcoin during the bull market to be between $140,000 and $160,000. I settle on $155,000.
In a major bull market, Bitcoin's market share is 0.32. Therefore, the total market cap of the crypto market is $155,000 * 21,000,000 / 0.32 = $10,171,875,000,000.
The peak market share of ETH in a bull market is 0.2.
$10,171,875,000,000 * 0.2 = $2,034,375,000,000.
$2,034,375,000,000 / 120,000,000 = $16,953.
The current price of Bitcoin is $94,000. If it rises to $155,000, that’s a 70% increase.
So if ETH rises 4 times, it will reach the peak price.
However, I tend to discount my own estimates by 30%. I'm not very confident.
So the price of ETH would be $16,953 * 0.7 = $11,727.
How much Bitcoin and Ethereum do you hold? Multiply by these two numbers, and that’s roughly your peak profit in the bull market.
I personally believe it won't be too far off.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.