Ethereum's Shanghai Upgrade and Price Targets: What Traders Need to Know.
TL;DR
Venture capitalist Chris Burniske predicts a massive long-term rally for Ethereum, with the cryptocurrency rising to a new all-time high and printing gains of over 438%. Burniske believes that short-term pullbacks are possible, but he doesn’t think the asset class will witness steep drawdowns anytime soon. He also says the recent enforcement actions against big players in the space like Binance are giving crypto free exposure.
Topics:businesscryptocurrency#binance#chris-burniske#crypto-markets#cryptocurrency#ethereum#price-target
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