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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.
#BTC☀ #BTCFuturesSurge #btcupdates
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.
#BTC☀ #BTCFuturesSurge #btcupdates
LIVEBabaYaga Calls
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The Rise of Runes: Transforming the Bitcoin Landscape
#BTC☀ Analysis
A plausible explanation for this trend lies in the emergence of Runes. The Runes protocol allows users to introduce fungible tokens on the Bitcoin network through a mechanism different from traditional inscriptions.
Launched at the same time as the fourth Halving, Runes seem to have captured a significant share of the attention of Bitcoin users, leading to a decline in traditional inscriptions.
Data shows that the share of transactions attributable to inscriptions has fallen since mid-April, coinciding with the decline in active addresses.
Conversely, transactions related to Runes have increased, contributing to the overall rise in the number of transactions. This suggests that users are adopting new protocols and methods of interacting with the Bitcoin blockchain, altering the network’s traditional dynamics.
As the number of Bitcoin transactions reaches new heights and active addresses drop, we may be on the cusp of a new era for Bitcoin. Users are experimenting with new ways to interact with the blockchain, and protocols like Runes are playing an increasingly important role. This evolution could signal a paradigm shift in the use and perception of $BTC
#BtcNews #Btctopcrypto
#BTC☀ Analysis
A plausible explanation for this trend lies in the emergence of Runes. The Runes protocol allows users to introduce fungible tokens on the Bitcoin network through a mechanism different from traditional inscriptions.
Launched at the same time as the fourth Halving, Runes seem to have captured a significant share of the attention of Bitcoin users, leading to a decline in traditional inscriptions.
Data shows that the share of transactions attributable to inscriptions has fallen since mid-April, coinciding with the decline in active addresses.
Conversely, transactions related to Runes have increased, contributing to the overall rise in the number of transactions. This suggests that users are adopting new protocols and methods of interacting with the Bitcoin blockchain, altering the network’s traditional dynamics.
As the number of Bitcoin transactions reaches new heights and active addresses drop, we may be on the cusp of a new era for Bitcoin. Users are experimenting with new ways to interact with the blockchain, and protocols like Runes are playing an increasingly important role. This evolution could signal a paradigm shift in the use and perception of $BTC
#BtcNews #Btctopcrypto
we Have Two Reversal Zones
Zone 1: 65-66k (Higher Chance)
Zone 2: 60-61k
Lets see From Where we will Get Reversal
Imp to Hold above 67K 1D Candel
Feel Free to Reach us 👉TG@ItxAP117
$BTC $ETH $BNB
#Market_Update #btcupdate2024 #btcupdates #apCryptoCalls #Altcoinupdates
Zone 1: 65-66k (Higher Chance)
Zone 2: 60-61k
Lets see From Where we will Get Reversal
Imp to Hold above 67K 1D Candel
Feel Free to Reach us 👉TG@ItxAP117
$BTC $ETH $BNB
#Market_Update #btcupdate2024 #btcupdates #apCryptoCalls #Altcoinupdates
Not all technical analysis is correct . Be aware of this area 👇👇👇
#BTC #bitcoin #crypto2023 #btcupdates
#BTC #bitcoin #crypto2023 #btcupdates
#BTC UPDATE
As I'm telling your from many days that Our trendline gonna hit soon so here we are on trendline
Hope you make Good profit we our signals and updates
Now here are two scenarios one is it can break it down and go to 52K because summer is not good for Crypto + Fud about CZ
2nd it can pump from here to the flag trendline resistance
We are observing the market waiting for confirmation for new setups
Pin this channel at top for coming signals
#btcupdates
#BTC_MARKET_UPDATE
$BTC
As I'm telling your from many days that Our trendline gonna hit soon so here we are on trendline
Hope you make Good profit we our signals and updates
Now here are two scenarios one is it can break it down and go to 52K because summer is not good for Crypto + Fud about CZ
2nd it can pump from here to the flag trendline resistance
We are observing the market waiting for confirmation for new setups
Pin this channel at top for coming signals
#btcupdates
#BTC_MARKET_UPDATE
$BTC
if daily candle close above 66200$BTC then you can see $BTC at 69000 or round about in next week otherwise get ready to dump #BTC_CRASH_UPDATE #btcupdates
Short btc now
Entry : 67100-67500
stop loss : 68000
Targets :
66600
65700
64600
Follow for more
#BinanceLaunchpool #bitcoinhalving #BullorBear #btcupdates #bullrun2024
$BTC $ETH $XRP
Entry : 67100-67500
stop loss : 68000
Targets :
66600
65700
64600
Follow for more
#BinanceLaunchpool #bitcoinhalving #BullorBear #btcupdates #bullrun2024
$BTC $ETH $XRP
Bitcoin Important Updates 👇👇👇
Bitcoin Must Need To Hold This Parallel Channel Trendline Support!
Otherwise Sceniario Will Be 35.2k to 34.5k
#BTC #btcupdates #cryptohustle #crypto2023 #bitcoin
Bitcoin Must Need To Hold This Parallel Channel Trendline Support!
Otherwise Sceniario Will Be 35.2k to 34.5k
#BTC #btcupdates #cryptohustle #crypto2023 #bitcoin
Btc Update 🚨.
Two Scenerioes. Either it go up and gave closing above Green line or sweep that line. If sweep and gave single candle Order Block then it will come back to 40300 level. The other scenario is of it create scob at cmp then it will come down. [ JUICY SETUP 🤤]#BTC #NFP #ANALYSIS #btcupdates #awaisly
Two Scenerioes. Either it go up and gave closing above Green line or sweep that line. If sweep and gave single candle Order Block then it will come back to 40300 level. The other scenario is of it create scob at cmp then it will come down. [ JUICY SETUP 🤤]#BTC #NFP #ANALYSIS #btcupdates #awaisly
#BTC We Will Start From Weekly Closure, Well Weekly Closure & New Candle Open Is Bearish And Now Price Can Go Down To Sweep PWL $$$, On Daily Time Frame Same Situation We Have Saturday & Sunday Lows Unsafe$$$, .✅🔥
Further,Simply Price Can Go Down & Can Test 60,000$ Again.🔥🆙👍✅ #btcupdates
Further,Simply Price Can Go Down & Can Test 60,000$ Again.🔥🆙👍✅ #btcupdates
SICK! 🤯 $BTC CLOSES ANOTHER GREEN MONTHLY CANDLE!🔥100k Next? 👇
The end of Q1 (first quarter of the year) saw Bitcoin achieving its highest ever weekly, monthly and quarterly! The Market sentiment remains bullish while the Crypto Fear & Greed Index indicates "Extreme Greed" between traders. Although, I recommend to monitor the upcoming U.S. macroeconomic data and the behavior of long-term holders. In particular, I'll watch out at nonfarm payrolls (NFP, a key economic indicator that represents the total number of paid workers in the USA) and the speech from Fed Chair Powell. Previous weeks, Bitcoin experienced significant price surges while demonstrating resilience despite occasional setbacks. It's now important to see consistency in volumes to get out of the resistance of $69,000
Bullish Scenario 🐂
Bull Pennant on daily chart suggests a continuation of an upward trend with potential gains in the short term to $74,000. Then if we add the halving event and the constant inflows from institutional, by May/June, we may see BTC over 100k
Bearish Scenario 🐻
Relative Strength Index (RSI) indicates that the market is overbought and as consequence may lead investors to sell and take profits. In fact, on-chain data shows a growth in realizing profits. This situation could bring consolidation or a correction in the short term
STAY TUNED!
#BitcoinPriceForecast #BitcoinPricePredictions #BitcoinHalving2024 #btcupdates
The end of Q1 (first quarter of the year) saw Bitcoin achieving its highest ever weekly, monthly and quarterly! The Market sentiment remains bullish while the Crypto Fear & Greed Index indicates "Extreme Greed" between traders. Although, I recommend to monitor the upcoming U.S. macroeconomic data and the behavior of long-term holders. In particular, I'll watch out at nonfarm payrolls (NFP, a key economic indicator that represents the total number of paid workers in the USA) and the speech from Fed Chair Powell. Previous weeks, Bitcoin experienced significant price surges while demonstrating resilience despite occasional setbacks. It's now important to see consistency in volumes to get out of the resistance of $69,000
Bullish Scenario 🐂
Bull Pennant on daily chart suggests a continuation of an upward trend with potential gains in the short term to $74,000. Then if we add the halving event and the constant inflows from institutional, by May/June, we may see BTC over 100k
Bearish Scenario 🐻
Relative Strength Index (RSI) indicates that the market is overbought and as consequence may lead investors to sell and take profits. In fact, on-chain data shows a growth in realizing profits. This situation could bring consolidation or a correction in the short term
STAY TUNED!
#BitcoinPriceForecast #BitcoinPricePredictions #BitcoinHalving2024 #btcupdates
🌐 Bitcoin Breaks Top 10 Assets with $842.77 Billion Market Cap
📊 Market Milestone: Bitcoin Surges to 10th Largest Asset Globally
As of the latest analysis by BanklessTimes.com, Bitcoin has achieved a significant milestone by securing the tenth position among the world's most valuable assets, boasting an impressive market cap of over $842.77 billion.
💡 Key Insights:
Bitcoin, recognized as the most widely known cryptocurrency globally, has earned its place among the top assets.
A staggering 90% of respondents in the UK are familiar with Bitcoin, underlining its widespread recognition.
While Gold retains its throne as the world's most significant asset with a market cap of $13.9 trillion, Bitcoin's ascent places it in the league of major players.
🚀 Bitcoin's Remarkable Growth Story:
Bitcoin's Compound Annual Growth Rate (CAGR) stands at an impressive 47% over the past decade, outpacing the growth rates of traditional assets like Gold and USD.
Alice Leetham, a financial analyst at BanklessTimes, sees Bitcoin's current rank as a testament to decentralized technologies reshaping financial systems.
📈 2023: A Year of Resurgence for Bitcoin:
Despite a challenging 2022, marked by a 65% loss in market value due to factors like the fall of FTX, economic recessions, and regulatory crackdowns, Bitcoin has made a robust comeback in 2023.Currently priced at $43,036, Bitcoin's recovery signifies the resilience and adaptability of the cryptocurrency market.
🔮 Future Outlook:
Alice Leetham predicts a promising future for Bitcoin, foreseeing it becoming one of the most valued currencies globally. The ongoing acceptance of crypto and the growing momentum in blockchain technology contribute to this positive outlook.
🌐 Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Updates!
#BitcoinETFs! #btcupdates #BTC！ #cryptocurrency #crypto2023
📊 Market Milestone: Bitcoin Surges to 10th Largest Asset Globally
As of the latest analysis by BanklessTimes.com, Bitcoin has achieved a significant milestone by securing the tenth position among the world's most valuable assets, boasting an impressive market cap of over $842.77 billion.
💡 Key Insights:
Bitcoin, recognized as the most widely known cryptocurrency globally, has earned its place among the top assets.
A staggering 90% of respondents in the UK are familiar with Bitcoin, underlining its widespread recognition.
While Gold retains its throne as the world's most significant asset with a market cap of $13.9 trillion, Bitcoin's ascent places it in the league of major players.
🚀 Bitcoin's Remarkable Growth Story:
Bitcoin's Compound Annual Growth Rate (CAGR) stands at an impressive 47% over the past decade, outpacing the growth rates of traditional assets like Gold and USD.
Alice Leetham, a financial analyst at BanklessTimes, sees Bitcoin's current rank as a testament to decentralized technologies reshaping financial systems.
📈 2023: A Year of Resurgence for Bitcoin:
Despite a challenging 2022, marked by a 65% loss in market value due to factors like the fall of FTX, economic recessions, and regulatory crackdowns, Bitcoin has made a robust comeback in 2023.Currently priced at $43,036, Bitcoin's recovery signifies the resilience and adaptability of the cryptocurrency market.
🔮 Future Outlook:
Alice Leetham predicts a promising future for Bitcoin, foreseeing it becoming one of the most valued currencies globally. The ongoing acceptance of crypto and the growing momentum in blockchain technology contribute to this positive outlook.
🌐 Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Updates!
#BitcoinETFs! #btcupdates #BTC！ #cryptocurrency #crypto2023
🎁 #Bitcoin prices on Christmas 🔔
🎄 2021 - $50,822
🎄 2022 - $16,822
🎄 2023 - $43,160
$BTC #BTC!💰 #btcupdates #BTCUSDT.P
🎄 2021 - $50,822
🎄 2022 - $16,822
🎄 2023 - $43,160
$BTC #BTC!💰 #btcupdates #BTCUSDT.P
