Economist Alex Krüger thinks that Bitcoin (BTC), memecoins and other altcoins will rise in the coming months.
Kruger contours his prediction for the crypto market to his 190,500 followers on the social media platform X.
“Phase 1. Bitcoin is running.
Phase 2. Memecoins participate.
Phase 3. Altcoins participate.
First big rinse [at around] $110,000 – $120,000?
Stage 4. The mania continues.
Until Christmas / Inauguration.
Stage 5. Moar. Not so manic.
Until the end of February/March.
Phase 6. Correction and pain.
Stage 7. Moar. Even less manic.
Something like that would make sense.”
Kruger notes that the crypto bull run could take a break in March due to the fact that tax day in the US falls on April 15.
“The above closely reflects what happened in 2021 and 2024, so an initial profit taking in March in February would also make sense. Participants in the crypto market have painful memories that are deeply rooted. And we move in hordes. There is often a self-fulfilling prophecy component behind big moves. If we believe in something, we make it happen.”
The trader too disputes the idea that there will be “a top” for the ongoing Bitcoin bull market.
“There is no top. That’s the whole point of the super cycle. Instead 40% withdrawals. This will continue as long as the stock markets exist. So the four-year cycle is dead. This applies to Bitcoin, not altcoins. A 40% Bitcoin correction translates into a 75% to 95% drop in alts.”
Don’t miss a beat – Subscribe to receive email alerts straight to your inbox
Check price action
Follow us further X, Facebook And Telegram
Surf to the Daily Hodl mix
Generated image: Midjourney