Analyst of crypto channel Coin Bureau Guy TurnerHe thinks there are certain catalysts that could push the Ethereum price to $10,000 in the next bull market.
In a new livestream on his YouTube channel, Turner thinks that a game-changing “app” in crypto assets could trigger a move towards the five-digit level.
“I think there is a need for something like a ‘killer app’ for the cryptocurrency market beyond Bitcoin and Ethereum. People ask me what this app would be. Frankly, I don’t know what that will be either. I would have done it if I had known. Maybe something like GameFi or the metaverse.”
Koinfinans.com As we reported, the analyst thinks that something less exciting could also act as a catalyst for crypto. He suggests that the launch of a new central bank digital currency (CBDC) from a major country could also push people to adopt crypto.
“I think another factor that will be the catalyst for the bull market will be the launch of CBDCs. Such a move will create a new incentive for people to enter the market.”