Bitcoin

<div class="dailyhodl">
 Closely followed trader and economist Alex Krüger says new all-time highs for Bitcoin (BTC) are likely just around the corner.
 Krüger tells his 169,000 followers on the social media platform X that the daily market structures of several large-cap crypto assets are all clearly bullish.
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 Based on the charts, Krüger says he’s expecting a new all-time high for Bitcoin soon.
 “Crypto daily charts all very bullish
 Expecting Bitcoin ATHs (all-time highs) soon.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJ-f5_LXMAAnvAT?format=jpg&amp;name=large" alt="Image" width="1829" height="879">
 <figcaption class="wp-caption-text">
 Source: Alex Krüger/X
 </figcaption>
 </figure>
 Zooming in, Krüger has his eye on Core (CORE), a layer-one blockchain that uses a proof-of-work (POW) and proof-of-stake (POS) hybrid consensus mechanism called satoshi plus.
 Krüger predicts that CORE will exceed the market cap of Stacks (STX), another altcoin that leverages the Bitcoin ecosystem.
 “CORE will flip STX. 3x achieved, 4x to go.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJ-Rs5LXoAAqHOQ?format=jpg&amp;name=large" alt="Image" width="1818" height="874">
 <figcaption class="wp-caption-text">
 Source: Alex Kruger/X
 </figcaption>
 </figure>
 At time of writing, CORE is trading at $2.74, up 72% in the last 24 hours.
 Krüger recently said that TradFi portfolio managers have three options when it to Bitcoin. According to the economist, portfolio managers who do not accumulate Bitcoin will underperform those who choose to get Bitcoin exposure.
 “Traditional finance portfolio managers have three options:
 1) Buy Bitcoin now
 2) Buy Bitcoin later
 3) Underperform for the next decade.”
 At time of writing, Bitcoin is trading for $69,554, down 1.79% in the past day.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/economist-alex-kr-ger-says-bitcoin-all-time-highs-coming-soon-predicts-4x-move-for-one-layer-one-altcoin-tbt84112.html">https://thebittimes.com/economist-alex-kr-ger-says-bitcoin-all-time-highs-coming-soon-predicts-4x-move-for-one-layer-one-altcoin-tbt84112.html</a>

Economist Alex Krüger Says Bitcoin All-Time Highs Coming Soon, Predicts 4x Move for One Layer-One Altcoin

TheBitTimes

Other articles published on Apr 1, 2024

Scorpion Casino Can Be Your Key to Making Money In Crypto Instead of Aptos & SHIB

Solana-Based Memecoins Continue to Attract Whales and Investors

ADA Blockchain Sustainability: Unveiling the 3 Key Catalysts to Navigate Staking Rewards Dip

Jim Cramer Comments on Bitcoin’s Current Market Position

Ethereum Price Dynamics: A Caution for Impatient Investors

Metaverse game project 'Carrieverse' attracts over 100K DAUs

Join our free newsletter for daily crypto updates!