Cryptocurrency analyst Alex Krüger made important predictions for Bitcoin (BTC).
In an interview with YouTuber and crypto strategist Scott Melker, Krüger claimed that Bitcoin will reach a price of $ 1 million in the long run.
“A million dollars in bitcoin? I think it definitely will. I have no idea when. There is a long road ahead”
Crypto analyst also announced the year-end price target of the leading crypto:
“You can reach $100,000 by the end of the year. Under normal circumstances, I would have thought it was a dream. But these are not normal situations
A number of ETFs were recently approved and I think that changed everything. So my baseline scenario was more like $75,000 to $85,000. Can we reach $100,000 by the end of the year? We can definitely do it”
Krüger also says that Bitcoin could emerge as an asset class larger than gold in a decade
“Bitcoin could be bigger than gold in 10 years. Bitcoin competes against gold. This is the gold of the younger generations.”
The Economist emphasizes that cryptos will continue to outperform other assets for the foreseeable future.
“I believe crypto will remain the best performing asset class for a long time to come”
