Fred Krueger Predicts Bitcoin($BTC) Surge: Potential for $400,000 in 2024 and $600,000 by 2025
Renowned mathematician and Wall Street expert Fred Krueger shared his latest Bitcoin price predictions in a recent video. Krueger, who holds a PhD in Mathematics from Stanford University, anticipates a significant rise in Bitcoin's value, driven by the Bitcoin Power Law Model and increasing spot BTC ETF inflows.
Krueger forecasts that Bitcoin could reach $400,000 by the end of this year and $600,000 by the end of 2025. Despite the ambitious nature of these predictions, he stands firmly behind his analysis. He believes that the Bitcoin power law, coupled with substantial inflows into BTC ETFs, could lead to a dramatic increase in Bitcoin's price.
Krueger elaborated on his Bitcoin outlook, stating, "Theoretically, by the end of this year, we should be close to $100,000, maybe $90,000 in terms of the trend line. But we could go two standard deviations above those levels in Bitcoin. That would take us to roughly $200,000 this year, or even exceptionally $400,000."
Looking further ahead, Krueger suggested that by the end of 2025, Bitcoin could be on a $140,000 trend line, with the potential to reach $600,000 if it moves one or two standard deviations above that line. "I think we could really see a high around $500,000 to $600,000 this cycle," he added.
Krueger expressed confidence that Bitcoin's price is unlikely to decrease significantly over the next two years and is quite likely to at least double in that timeframe.
👉He emphasized that these predictions are model-based and should be considered as educated guesses rather than investment advice.
