This rally coincided with the Bitcoin 4-year cycle that has often predicted the bull markets. Naturally, the expectation has been that the 4-year cycle will repeat this time around, and there is a possibility that Ethereum will repeat this same rally. But this time around, a similar rally could push ETH to the 5-figure mark.
However, the analyst explains that this would not be a problem because the Bitcoin price would have risen as high as $500,000. In this scenario, the Bitcoin market cap would be over $10 trillion, bringing it toe-to-toe with the likes of gold. Conner explained that Ethereum can easily reach this $5 trillion market cap as mass adoption ramps up.
