Economist Alex Krüger is forecasting a rollercoaster year for the crypto market, with significant gains followed by a potential correction. His prediction, shared with his large social media following, outlines a seven-stage scenario.
Krüger’s Seven-Stage Crypto Prediction
Krüger’s prediction unfolds as follows:
- Bitcoin Takes Off: Bitcoin leads the charge, experiencing a significant price increase.
- Memecoins Join the Party: Memecoins follow Bitcoin’s lead, experiencing their own surge.
- Altcoins Enter the Fray: Other altcoins join the rally, further boosting market momentum.
- Mania Builds: The market continues its upward trajectory, reaching potentially high levels (around $110,000-$120,000 for Bitcoin). This phase lasts until around Christmas or the US Presidential Inauguration.
- Continued Growth, Less Frenzy: The market continues to grow, but at a less frantic pace, extending into February and March.
- Correction and Pain: A market correction hits, causing price drops and potential losses for investors.
- More Growth, But More Cautious: The market recovers and continues its upward trend, but with less volatility than the previous stages.
March 2025: A Potential Turning Point?
Krüger suggests a potential market correction around March 2025, possibly influenced by the US tax deadline in April. He notes that past market behavior and investor psychology often lead to predictable patterns.
No “Top” in Sight (For Bitcoin)
Krüger dismisses the idea of a definitive “top” for the Bitcoin bull market, suggesting instead that 40% pullbacks are more likely. He believes this extended bull market will continue for as long as the stock market remains strong, rendering the traditional four-year Bitcoin cycle obsolete. However, he cautions that altcoins are not as insulated and could see much steeper drops (75-95%) during a Bitcoin correction.
Disclaimer: This information is for general knowledge and does not constitute financial advice. Always conduct thorough research and consider your own risk tolerance before investing in cryptocurrencies./p>
