Ethereum To ‘Teleport Moonward’ Once ETH Breaks Above All-Time High, Says Guy Turner – Here Are His Targets

A Promising Bullish Scenario for Ethereum in 2025 Could Lead to Five-Digit Price Levels

As the crypto market continues to evolve, a well-known crypto trader has outlined an optimistic outlook for Ethereum (ETH) that could potentially propel the popular altcoin to new heights by 2025.

With a growing audience of 2.58 million subscribers on YouTube, Guy Turner, the host of CoinBureau, has shared his insights on the future trajectory of ETH in a recent video update. Turner predicts that Ethereum is poised to surpass its previous peak and embark on a significant growth phase in the current market cycle.

According to Turner, breaking through Ethereum’s all-time high of approximately $4,878 set in November 2021 is a crucial milestone that the coin is likely to achieve. Once this barrier is breached, Turner believes that ETH could enter a phase of explosive growth facilitated by the absence of historical supply or resistance levels.

Referring to the concept of price discovery, where a coin reaches unprecedented or long-forgotten price levels, Turner suggests that ETH could potentially reach $7,300 as a conservative target based on Fibonacci extension levels. These technical indicators are commonly used by traders to identify profit targets and price retracements.

However, Turner envisions an even more bullish outcome for Ethereum if Bitcoin experiences a significant price surge in 2025. Should Bitcoin reach $200,000, Turner believes that ETH could skyrocket to $14,600, representing a substantial increase from its current valuation.

Noting Ethereum’s historical underperformance relative to Bitcoin, Turner acknowledges that achieving such high price levels may seem ambitious. Nevertheless, he suggests that a scenario where BTC hits $200,000 could lead to a capital rotation into ETH, potentially driving its value above $14,000.

At the time of writing, Ethereum is trading at $3,686, reflecting a 5.5% decline over the past 24 hours. In comparison, Bitcoin is priced at $101,143, experiencing a 4.6% decrease within the same time frame.

Overall, Turner’s bullish forecast for Ethereum in 2025 underscores the dynamic nature of the crypto market and the potential for significant price movements in the coming years.

Generated Image: Midjourney