gumoca

ETH to BTC ratio 0.06 seems to be strong support here

COINBASE:ETHBTC   Ethereum / Bitcoin
ETH to BTC at 0.06 seems to be finding support with BTC at 60k. I think ETH has the potential to go up to 0.08 per BTC or around $4.8K-$5.0K in the coming weeks-months through 2022.

The demand for ETH has been increasing to use it to purchase NFTs and other electronic memorabilia with utility or without, like virtual art, and other stuff.

Demand for ETH will increase in the future with catalysts such as the Coinbase NFT platfom which may be bringing liquidity and newcomers to the NFT space.

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