Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are poised to surge in the coming months.
Krüger explains his predictions for the cryptocurrency market to his 190,500 followers on social media platform X.
“Step 1. Bitcoin runs.
Step 2. Memecoin joins.
Step 3. Altcoins are joining.
First large flush (approx.) $110,000-$120,000?
Step 4. The mania continues.
Until Christmas/Inauguration Day.
Step 5. Gather. It’s not bipolar disorder.
From the end of February to the end of March.
Step 6. Correction and pain.
Step 7. Gather. Much less manic.
Something like this would make sense.”
Krüger pointed out that the cryptocurrency bull market could see a brief pause in March due to the fact that tax day in the United States is April 15.
“The above closely reflects what happens in 2021 and 2024, so March profit taking ahead of February would also make sense. Cryptocurrency market participants have painful memories. And we move in droves. There is often an element of self-fulfilling prophecy behind big moves. “If we believe in something, we make it happen.”
The trader also disputes the notion that there will be a “normal” to the ongoing Bitcoin bull market.
“There is no top. This is the core of the supercycle. Instead, a 40% pullback occurs. This will continue as long as the stock lasts. So the four-year cycle has come to an end. This applies to Bitcoin and not to altcoins. A 40% Bitcoin correction would mean the alternative would fall from 75% to 95%.”
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