🚀 $ETH to $50,000 — madness or reality in the current cycle?
Chairman #Bitmine Tom Lee has set the media abuzz with his extremely bullish forecast. In his view, Ethereum could rise to $25,000–$50,000 during the current bull cycle! What’s more, he expects it to hit $5,000 by the end of this year.
📊 And what does the harsh reality say?
For now, big players are skeptical. Spot Ethereum ETFs have seen outflows for 9 consecutive days (down $542.1 million for the week). On prediction markets, #Polymarket traders put the odds of $ETH reaching $5,000 by the end of December at just 4%.
What do you think? Are we in for a massive altcoin rally, or is this forecast too far removed from reality?👇
#ETH #etf #CryptoNewss
Chairman #Bitmine Tom Lee has set the media abuzz with his extremely bullish forecast. In his view, Ethereum could rise to $25,000–$50,000 during the current bull cycle! What’s more, he expects it to hit $5,000 by the end of this year.
📊 And what does the harsh reality say?
For now, big players are skeptical. Spot Ethereum ETFs have seen outflows for 9 consecutive days (down $542.1 million for the week). On prediction markets, #Polymarket traders put the odds of $ETH reaching $5,000 by the end of December at just 4%.
What do you think? Are we in for a massive altcoin rally, or is this forecast too far removed from reality?👇
#ETH #etf #CryptoNewss