The closely followed economist seems to have room for Bitcoin (BTC) and encryption bull market.
Alex Krüger says that 205,000 followers from social media platform X are disappointed by crypto investors because they appear to be different from the past in terms of time and upside.
But the economist says that investors should expand because they think encryption is in the middle of the supercycle.
“I think BTC is trapped in the range and eventually solves higher means. Supercycle theory is not damaged.
Even if it is applied to Bitcoin and encryption as a whole (market capitalization EX BTC and rash stations are quite high), most old ALTs do not continue to benefit.
You should not expect all cr*p higher fluidity for a long time. It is optional. ”
According to Krüger, the supercycle does not mean that Bitcoin will continue to go up high without witnessing a painful fullback.
“My definition is as follows: BTC is consistent with stocks, but it is traded according to a smaller drawdown (for example, 40%, not 80%-90%).”
Looking at Solana, Krüger calls SOL “the fastest word,” but Altcoin warns that “the next two months will see a very heavy unlock.”
In the case of Etherrium (ETH), the trader points out that the largest layer -1 protocol requires a shot on the arm to ignite the strength of the strongest.
“Ether Leeum… Intervention is required. Increased value in L2S (Layer-2S). In addition, some killer apps are running. ”
Krüger expects to return to a wider Altcoin market and see a new Altseason, but it will not be as explosive as the rally over the past few years.
“Expect a new ALT season at some point. Shorter and smaller than the previous one. Positioning is very negative and the same with emotions. But when there is no clear catalyst, the timing is unclear. It can come out anywhere. ”
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Created image: Midjourney