Trader and economist Alex Krüger, a prominent figure in the cryptocurrency world, claimed that Bitcoin (BTC) will reach all-time highs very soon. He also shared his current predictions for an altcoin that is on the rise.
According to Krüger’s analysis, a clear upward trend is observed on the daily charts of crypto assets. This shows that other cryptocurrencies, as well as Bitcoin, tend to gain value. Krüger said this uptrend has the potential for Bitcoin to reach a new all-time high. emphasizes.
“Crypto daily charts are all very bullish
“I expect Bitcoin ATHs (all-time highs) soon.”
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The market situation of Bitcoin, in particular, is often considered an important indicator in determining the general trends of the cryptocurrency market. Therefore, the all-time high that Krüger predicts for Bitcoin may also provide an important clue about the overall performance of the cryptocurrency market.
Besides these, Krüger predicted that CORE would exceed the market value of Stacks (STX), another altcoin benefiting from the Bitcoin ecosystem.
“CORE will surpass STX.
“3x achieved, 4x to go.”
At the time of writing, CORE is trading at $2.71, up 64% in the last 24 hours.
Finally, Krüger recently said that TradFi portfolio managers have three options when it comes to Bitcoin. According to the economist, portfolio managers who do not accumulate Bitcoin will underperform those who invest in Bitcoin.
“Traditional finance portfolio managers have three options:
1) Buy Bitcoin now
2) Buy Bitcoin later
3) You will underperform for the next decade.”
At the time of this writing, Bitcoin is trading at $69,554.
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