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Ethereum Trader Sees $20K as Realistic Target Amid Multi-Year Base Against BTC

Guavy AI Editorial Team
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Pseudonymous trader CrediBULL Crypto believes Ethereum (ETH) will reach $20,000 or higher. He points to the cryptocurrency's multi-year base against Bitcoin (BTC), which he says is about to enter its first bull run since 2017.

CrediBULL argues that Ethereum has spent years underperforming BTC, but is now in a long-term accumulation zone on the ETH/BTC chart. This could lead to a significant price increase as it builds a base before moving higher.

The trader notes that historical ETH/BTC ratios suggest similar price levels if Bitcoin returns to its previous highs or continues into another expansion phase.

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