Mike Novogratz Stuns with Rare Ethereum (ETH) Price Outlook
Main Idea
Mike Novogratz predicts Ethereum (ETH) could reach $4,000 by the end of 2025, despite current price fluctuations and a 'quadruple top' formation.
Key Points
1. Ethereum (ETH) has bounced off the same ceiling four times, suggesting potential for a breakout past $4,000 by the end of 2025.
2. Novogratz describes the current price range as $3,000-$4,000 but believes ETH will likely reach $4,000 by year-end.
3. The 'quadruple top' formation is traditionally seen as bearish, but Novogratz suggests a correction before a potential upward move.
4. ETH is currently trading between $3,200 and $4,000, with market sentiment still uncertain about its next major narrative.
Description
Galaxy Digital's Mike Novogratz ends speculation about where Ethereum (ETH) price will be at end of 2025
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