Posted 2/4/2024, 3:30:21 PM
Bitcoin and Ethereum Set for Record Highs on Perfect Storm of Bullish Crypto Drivers
- Bitcoin and Ethereum poised for new all-time highs due to unprecedented bullish conditions like BTC halving, ETH burn, spot ETFs, Fed rate cuts
- Crypto expert Travis Kling says BTC has "free walk" to new ATH above $60k, potentially reaching $75k-$180k
- Ethereum faces similar setup to BTC, with burn mechanism and likely ETH ETF approval in coming months
- Kling sees ETH reaching new ATH at least 100% above current price, with potential to go much higher
- Factors like rate cuts and reflexivity of ETH burn have never combined to fuel such a bullish crypto market setup before