Crypto expert Alex Krüger thinks the recent crypto crash might be followed by a quick recovery, similar to what happened in March 2020. He’s not expecting another wild bull run like we saw in 2020-2021, but he’s optimistic about a rebound.
Three Scenarios for Crypto
Krüger sees three possible paths for crypto after the recent price drop:
- March 2020: A quick recovery after a sharp decline, followed by a major bull market.
- May 2021: A decline after a peak, followed by a gradual recovery.
- May 2022: A prolonged decline after a major event.
Krüger believes the third scenario is unlikely and favors the first, a quick bounce back.
No Recession, No Problem?
He also doesn’t think the US economy is heading for a recession, which would hurt crypto prices even more. He believes the recent market crash was a “leveraged flush out” and that the market will recover.
Krüger is closely watching US jobs data, as strong economic indicators could help fuel a crypto rebound. He’s urging investors to decide whether they believe a recession is coming and act accordingly.
Disclaimer:
This is not financial advice. Always do your own research before investing in crypto. /p>
