hey everyone welcome to my channel and welcome back to my subscribers this is where we talk about money saving and turning your hard-earned money into wealth building assets this is bald guy money i'm bald guy let's talk money today we're taking requests specifically request to break down what the future price of ethereum will be an asset that i personally invest in and is one-third of my crypto portfolio so stay tuned because i'm going to give you what i believe is a very accurate prediction using math using logic of what the price of ethereum will be by march 31st 2022 at the absolute latest as always please remember that none of this is financial advice please make sure to do your own research and fact check people on youtube because there are a lot of people out there talking a big game with absolutely nothing to back it up but we do back it up here at bald guy money with facts and with figures one last thing if you like what you see please hit the like button really it helps to keep me on youtube and grow the audience it really makes a huge difference now to get into it ethereum on a request where is it going i can tell you with absolute certainty that over the next year the direction for ethereum is up and for those of you who follow the crypto markets closely well we had a bit of excitement today didn't we let's pull up the first graphic okay as you can see ethereum is up about 26 on the week and up 614 or 35 versus the week's low and let's quickly take a look at where we stand versus one year ago okay here it is okay you can see that over the last 12 months we are up a staggering 611 percent or 2017 despite being down about 43 versus that all-time high set momentarily back in may but don't worry about that if you bought at the top according to my calculations there is good news coming so hold on tight because it's not a loss until you sell it that's not financial advice that's a fact really based on the prices today and the number of ethereum and circulation we know that the market cap or total value value of ethereum is 277 billion us dollars considering that there are about 116.8 million tokens in circulation for those of you who haven't seen my video on bitcoin the market cap of something is calculated by the number of stocks coins or tokens in existence multiplied by the current price per item that number gives you the total valuation of the entire company or project which is called the market cap and it applies to companies on the stock market as well as cryptocurrencies and also precious metals okay now that we have established the basics i want to reveal the method i have used to predict the price of ethereum which i say will come true at latest by q1 2022 or march 31st 2022 the method i have used to first provide us with an accurate range for the price is i have carefully analyzed the price ratio between bitcoin and ethereum presented here on this chart as you can see at the time of making this video one bitcoin will get you approximately 16.38 ethereum the next step of my method was to go back to my detailed bitcoin price prediction i will link it up in the description if you haven't seen it and use my short prediction as a baseline for where the crypto market but more importantly ethereum is going to head in the short term as they are very closely linked so for those of you who saw the bitcoin video here is the calculation which illustrates my position that bitcoin will reach a minimum of eighty five thousand seven hundred thirteen dollars by march 31 2022 and a maximum of 137 527 the next step in my process was to map out the minimum and maximum ratio between bitcoin and ethereum to determine what direction ethereum is going in relation to bitcoin the numbers you can see here and what i recognized looking at into this data was that the ratio is indeed becoming smaller between the two but is leveling off as seen in the chart i showed earlier and what what it's leveling off towards is the six month ratio as bitcoin reasserts dominance after a bad couple of months the next thing i did was i calculated a range of potential ethereum prices based on the minimum and maximum ethereum to bitcoin ratios to check the absolute worst case for ethereum seen here uh which is the worst ethereum to bitcoin price ratio applied to my most conservative bitcoin price estimate i was also able to calculate the maximum possible price by doing the same thing but with the maximum numbers and that number is shown here but don't get confused that's not my prediction this is my prediction of where the price of ethereum should be by march 31st 2022 and how i got it was by applying a conservative ratio between where we are today and the six month average which led me to use the assumption that one bitcoin will be able to purchase 18 ethereum now based on that ratio i applied it to the minimum bitcoin price and the maximum bitcoin price that i expect over the short term and once i was able to get those two numbers i then calculated the average of those two numbers which gives me my prediction for the price of ethereum to be reached at latest by q1 2022 and that is 6201 dollars per ethereum token now which number would i sign my name in blood for most likely four thousand seven hundred sixty two dollars per ethereum as i usually like to play it safe i always under promise and try to over deliver but this time i am pretty confident that six thousand two hundred one dollars is is going to happen and these are the reasons why i am super confident that it is going to happen number one the london hard fork update this update to the ethereum network will burn a little bit of ethereum each time there is a transaction done on the network which means in theory that ethereum could actually become deflationary but in a realistic scenario ethereum will probably stop inflating the second point and the second reason why i am confident that ethereum will actually hit that 6 200 price target is that ethereum is moving to proof of stake which forces miners to lock up large amounts of ethereum to continue mining and that also prevents them from selling everything they have on the market so kind of preventing major dumps which negatively affect the price and cause panics in the market just in case you're wondering how much it is i am expecting to make from now here is the change i anticipate in the market cap between now and march 31st 2022 and as you can see there what i'm expecting is a 2.6 x from here what does 2.6x mean that means that for every one dollar i have an ethereum today come march 31st 2022 i expect to have 2.60 cents not bad so to wrap it up i think ethereum is going to go up in price by 164 by q1 2022 as i have shown you that number didn't come out of a hat i am not guessing here i am putting in the work to show you my path to financial freedom and i am putting my money where my mouth is as one-third of my crypto portfolio is in ethereum i will be doing a follow-up to this to show how the long-term impact of ethereum on the financial sector will impact the price longer term this is just a short-term estimation and prediction of where ethereum is going there will be a longer term video coming in that video i will also show you some of the threats to ethereum's 10-year success as there are threats ethereum is not like bitcoin ethereum is not a store of wealth like bitcoin is it's better to think of ethereum like as a utility kind of like electricity but again more on that coming in the next video on ethereum before i sign off if you liked what you saw and want to give me kind of a pat on the back for all the work i did to put this together please drop me a like and subscribe to my channel both of those both of those things really mean a lot to me uh and it actually means a lot to the channel to kind of keep it going and build the momentum of it moving forward so um really i would really appreciate those two things and that's all i wish you all happiness i wish you success see you in the next one arrivederci bye