Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are primed to surge for the next few months.
Krüger outlines his prediction for the crypto market to his 190,500 followers on the social media platform X.
“Stage 1. Bitcoin runs.
Stage 2. Memecoins join.
Stage 3. Altcoins join.
First large flush [at around] $110,000-$120,000?
Stage 4. Mania continues.
Until Christmas / Inauguration.
Stage 5. Moar. Not as manic.
Until end of Feb / March.
Stage 6. Correction and Pain.
Stage 7. Moar. Even less manic.
Something like this would make sense.”
Krüger notes that the crypto bull run could take a break in March due to the fact that tax day in the US is on April 15th.
“The above closely mirrors what happened in 2021 and 2024, so front-running March profit-taking in February would make sense as well. Crypto market participants have painful memories deeply ingrained. And we move in hordes. There often is a self-fulfilled prophecy component behind large moves. If we believe in something, we make it happen.”
The trader also disputes the notion that there will be “a top” to the ongoing Bitcoin bull market.
“There is no top. That’s the whole point of the supercycle. 40% pullbacks instead. This goes on for as long as equities go on. The four-year cycle is thus dead. This applies to Bitcoin, not so for altcoins. A 40% Bitcoin correction translates into alts dropping 75% to 95%.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Follow us on X, Facebook and Telegram
Generated Image: Midjourney
Read the full article here
