In brief: According to Timothy Peterson, Ethereum could lose up to 50% of its value in the next 12 months. He explains that ETH’s long term growth rate only supports an annual appreciation of 30%. Ethereum had a hard time keeping up with Bitcoin as BTC pumped above $12k. ETH’s price is slightly above the $400 support are and looks set to dip further. Timothy Peterson of Cane Island Alternative Advisors has postulated that Ethereum’s price could fall by as […]
