Popular economist and crypto analyst Alex Krüger presented his Bitcoin (BTC) forecasts for the coming weeks and months. The analyst thinks that Bitcoin will reach $ 1 million. cryptocoin.com We share the details as…
Alex Krüger: Bitcoin will eventually reach $1 million
In a new interview with YouTuber and crypto strategist Scott Melker, Krüger predicts that Bitcoin will eventually reach the $1 million price tag. However, he says he has no idea when the price target will happen and uses the following statements:
A million dollar Bitcoin? I think it definitely will. I have no idea when. I think there are many ways.
The crypto analyst says $100,000 is possible as the year-end price target for the largest crypto asset by market cap. He states that in a normal situation he would think that it was a dream, but not in normal situations. “I guess that changed everything,” the analyst says, noting the US approval of the Bitcoin ETF. “So my baseline scenario is more like $75,000 – $85,000. Can we reach $100,000 by the end of the year? We can definitely reach it,” he says.
Krüger also says that Bitcoin could emerge as a larger asset class than gold within a decade. The economist adds that cryptocurrencies will continue to outperform other assets for the foreseeable future. “In fact, I think crypto will continue to be the best performing asset class for a long time to come,” he concludes.
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