Economist Alex Krüger thinks Bitcoin and crypto are in a “supercycle,” but not the kind that was just a joke a few years ago. He says Wall Street has changed the game for digital assets, making them more stable and attracting a lot of investment.
Wall Street is Bullish on Bitcoin
Krüger believes that Wall Street’s entry into the crypto market has made a big difference. He says that the big players are pushing for more exposure to digital assets, which means less volatility and more buying pressure.
“We’re not looking at huge crashes anymore,” he says. “We might see dips of 20% or even 50%, but they won’t last forever.”
The “Supercycle” Explained
Krüger explains that the “supercycle” isn’t about constant upward movement. It’s about the market becoming more stable with smaller corrections. He says this is because Wall Street is pushing Bitcoin as a valuable asset, and they’re encouraging investors to add it to their portfolios.
Bitcoin’s Future is Bright
Krüger believes that Bitcoin is still in its early stages, with a lot of room for growth. He says that the current market cap is tiny compared to gold, and Wall Street is pushing the narrative of Bitcoin as “digital gold.”
“We’re a long way from seeing Bitcoin as a significant part of most portfolios,” he says. “But that’s exactly what Wall Street is aiming for.”
Important Note: This information is for educational purposes only and is not financial advice. Always do your own research before investing in any cryptocurrency.
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