5 reasons why the Ethereum price at $ 15,000 is “scheduled”

The Ethereum price has struggled to follow the rapid acceleration of bitcoin over the years, having failed to reach a new record of all time despite the bitcoin of $ 120,000. However, with a turn to Altcoins, Ethereum quickly became the center of attention, especially after ETH crossed the level of $ 4,000. Now, as balloons of interest, the expectations of the height of the Ethereum price could develop, many expecting 5 digits soon.

Why Ethereum Price heads around $ 15.00

In an article X (formerly Twitter), the popular analyst of Crypto Rekt Fencer predicted that the Ethereum price was “programmed” to reach the $ 15,000 mark. As to know why he thinks that Altcoin would climb to this high level, it highlights five major developments which will be the determining trigger for the Ethereum price to reach $ 15,000.

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The first thing on the list is the fact that the purchase of ETH has recently increased among the institutions. For example, Ethereum treasury companies were born last year, with people like Bitmine and Sharplink leading the charge. The ETH quickly becoming the cryptocurrency of choice for these major investors, more than $ 10 billion in ETH have been bought by these companies in less than three years.

The next on the list is the fact that US President Donald Trump is a major holder of Ethereum. The president, who is praised as the first Pro-Crypto president in the United States, is currently holding more than $ 500 million in Eth. This means that the majority of the president’s cryptographic wealth is in fact in Ethereum.

Another major factor increasing the value of the Ethereum price is the increased interest in ETHEREUM SPOT ETF. As the purchase of ETFS EFTs has increased, the same goes for their total assets. According to data from the CoinMarketCap website, the ETH ETH ETH issuers now control $ 19 billion in AUM, which translates into 3.76% of total Ethereum market capitalization.

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Fourth on the list is the proliferation of pro-Crypto laws such as the law on the engineering which was adopted this month. This allowed institutional investors to pass more easily to Ethereum and make purchases during this period.

Then, the fifth point is the fact that the development of Ethereum Spot ETF arrives. Although this has not yet been approved, there have been several deposits by Etheteum ETF spot to allow eTH stimulation for funds. This means that if this is approved, these funds would eventually lock some of their assets in ETH in order to take advantage of the yield of jalitude.

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