Interpreted Prediction
Predicted that Ethereum will follow Bitcoin's price trend leading up to the Bitcoin halving.
AI Evaluation Notes
Leading up to the Bitcoin halving in April 2024, both Bitcoin and Ethereum experienced significant price increases. Bitcoin reached new all-time highs before the halving. Ethereum also saw substantial gains, moving from approximately $2,281 in early January 2024 to around $3,012 in April 2024, generally following Bitcoin's upward trend. However, Ethereum did not reach a new all-time high like Bitcoin, and the ETH/BTC price ratio declined in March 2024, indicating that Bitcoin's performance was stronger at that point.
Prediction Details
Ticker
Target
Ethereum will ride Bitcoin's coattails
Predicted
date
Into the Bitcoin Halving (April 2024)