In this video I reveal my Ethereum price prediction for 2021. I discuss why Ethereum will hit $20,000 by the end of this bull cycle. I talk about the Ethereum new catalyst that will send this altcoin much higher.
We discuss everything from ETH technical analysis, on-chain analysis, to the latest Ethereum news. We talk about how the large NFT marketplace on OpenSea is making an impact on the ETH price. We also discuss how ETH token burning on EIP-1559 is causing upward pressure on the price of ETH.
We talk about how large institutional investors are purchasing ETH for their spot ETF in Canada. We discuss the TVL, and how staking has taken a huge amount of ETH out of circulation. Lastly, I summarize everything, and give you my Ethereum price target. This is an episode that you won’t want to miss!
For your convenience, here are the timestamps:
0:00 – Epic Intro
1:01- Massive drop in Ethereum exchange reserves
1:28 – ETH Coinbase Outflow
1:37 – ETH All Exchanges Reserve
1:59 – ETH All Exchanges Netflow
2:23 – Institutional Investors’ Interest in Ethereum Is Increasing
2:37 – Institutional Ethereum Investors
3:12 – Ethereum futures ETF might be next
3:29 – OpenSea Active Users Surging Again
3:39 – ETH token burning with EIP-1559
4:05 – ETH 2.0 Staking Inflow Total
4:17 – Total Value Staked ETH 2.0
4:35 – Ethereum Total Value Locked
4:47 – Raoul Pal’s Bitcoin and Ethereum Price Prediction
5:34 – My Ethereum Price Prediction For This Bull Cycle
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
CONNECT WITH ME
Twitter ► https://twitter.com/DudeHODL_Crypto
Website ► https://dudehodl.com
Facebook ► https://www.facebook.com/dudehodl
YouTube ► https://www.youtube.com/c/dudehodl
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
I’m DudeHODL and on this channel my goal is to help you find the next big opportunity in bitcoin and cryptocurrencies. We discuss crypto news, bitcoin news, and price predictions. We cover crypto technical analysis and fundamental analysis. If you’re looking for the latest news for bitcoin and cryptocurrencies, then make sure to hit that subscribe button.
Subscribe ► https://www.youtube.com/c/dudehodl?sub_confirmation=1
Full Disclaimer ►The opinions expressed in these videos are for informational purposes only, and are not intended to provide investment advice. You should not treat any opinions expressed by DudeHODL Crypto as a specific inducement to make a particular investment. DudeHODL Crypto may have financial investment with the cryptocurrencies discussed in the videos. The information discussed in the videos are based on the available information at the time of recording. Trading cryptocurrencies involves risk. Investors should consult their financial adviser before investing.
#ethereum #eth #crypto