Bitcoin’s All-Time Highs on the Horizon, Analyst Predicts

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.