Ethereum Could Hit $10,000 by 2025, Expert Predicts
Chris Burniske, a partner at Placeholder, is boldly predicting the future of Ethereum (ETH) and the broader crypto markets.
Burniske correctly called the November 2022 digital asset bottom and believes that those waiting for a significant crypto correction will likely miss out on the action.
In a tweet to his 258,300 followers, Burniske said that the stage is set for a massive long-term rally in Ethereum. He sees Ethereum rising to a new all-time high and printing gains of over 438%. Burniske challenged the “haters” who have been negative on ETH at various price points, saying, “See ya at ETH $10,000.”
For the haters that have been negative on $ETH at $1, $10, $100, and $1,000, but refuse to let data change their views, see ya at $ETH $10K ✌️
— Chris Burniske (@cburniske) April 9, 2023
According to Burniske, he believes that ETH could hit his target in 2025. While short-term pullbacks are possible in broader crypto markets, Burniske doesn’t think the asset class will soon witness steep drawdowns.
Not in 3 months though 😉 2025 possible
— Chris Burniske (@cburniske) April 9, 2023
He is optimistic about the crypto markets and believes they are likely poised for a rally:
Loving how few people are bullish atm — 2022 trauma runs deep.
See you higher sers and miladies
— Chris Burniske (@cburniske) April 9, 2023
Burniske also weighed in on the recent enforcement actions against big players in the space, like Binance. He said that the crackdown on crypto, while CBDCs get near prime time, is not a coincidence.
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However, he believes that antifragile systems will persist and flourish, and he thanks Uncle Sam for the free marketing that crypto is getting due to these actions.
Overall, Burniske’s outlook on Ethereum and the broader crypto markets is very positive. While he acknowledges that short-term pullbacks are possible, he believes that the asset class is poised for long-term growth and that those who wait for a significant correction may miss out on significant gains.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
