Analyst Nicholas Merten Reveals Ethereum Price Target, Says ETH Has Major ‘Skeletons in Closet’ – The Daily Hodl
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A popular analyst is issuing a dire warning to Ethereum (ETH) holders, saying that an epic collapse could be coming for the second-largest crypto by market cap. In a new video, crypto strategist Nicholas Merten tells his 511,000 YouTube subscribers that Ethereum has major skeletons in the closet that could see ETH lose as much as 75% of its value from its current price of $1,220. “Our target range for Ethereum is somewhere around $300 to $500. I don’t think it’s going to live there for long, but it has to do with the fact that right now, there is
Bitcoin exchange-traded funds (ETFs) have been the subject of much debate recently. Supporters argue that bitcoin ETFs would make it easier for investors to get into the Bitcoin market. They believe that more institutional investors would invest in Bitcoin if it were available through ETFs, which could lead to increased…