Economist Alex Krüger is predicting new all-time highs for Bitcoin (BTC) and a significant surge for the altcoin Core (CORE).
Bitcoin’s Bullish Outlook
Krüger believes Bitcoin’s daily market structure is bullish, suggesting a new all-time high is imminent.
Core’s Potential
Krüger is particularly bullish on CORE, a layer-one blockchain with a hybrid consensus mechanism. He predicts CORE will surpass the market cap of Stacks (STX), another altcoin linked to the Bitcoin ecosystem.
TradFi’s Bitcoin Options
According to Krüger, traditional finance portfolio managers have three options regarding Bitcoin:
- Buy Bitcoin now
- Buy Bitcoin later
- Underperform for the next decade
Current Market Conditions
At the time of writing, Bitcoin is trading at $69,554, while CORE is at $2.74, up 72% in the last 24 hours.
