Analyst Credible Crypto believes Ethereum could reach $20,000 in the coming years, driven by a potential Bitcoin rally and compression of the ETH/BTC ratio. Ethereum is currently trading above $2,400, up about 30% over seven days and more than 32% over 30 days, while remaining approximately 50% below its all-time high. The analyst’s projections heavily depend on Bitcoin’s price: if BTC hits $126,000, Ethereum could push toward $20,000, whereas a BTC at $80,000 would yield above $12,000 for ETH. The critical support level for Ethereum stands near $1,388, and the analyst estimates roughly 90% probability that ETH will not fall back below $1,900. Altcoins added $215 billion between August 19 and 22, bringing their total market cap above $1 trillion.
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