Could bitcoin bring us back the euphoria of November 2021? Could it trade again at $69,000 or higher? Some experts believe that the flagship crypto will hit a new high this year. For Alex Krüger, BTC will reach a new ATH before 2023 ends.
Alex Krüger tables for a bitcoin bull run
If we refer to the prediction of the venture capitalist Balaji Srinivasan, we must wait another 48 days to see bitcoin soar $1 million a piece. The inflation that the United States is currently experiencing, coupled with a possible hyperinflation, would guarantee this bullish rally.
Alex Krüger, economist and trader, is as optimistic as the former boss of Earn.com, points out The Daily Hodl.
I hope you are ready. »
A tweet that earned him an avalanche of reactions from his 153,000 subscribers. Sometimes his followers approve of his prediction of a bitcoin ATH for this month, sometimes he receives ridicule from some. Others had even gone so far as to ask him if this bitcoin bull run wouldn’t happen until May 2024.
Moreover, this period will see the next bitcoin halving to which several experts associate a new BTC record.
” The highest of the year.
People are too bearish.
Small banks have collapsed.
The negative correlation with bank paper is no coincidence. »
Not the only one to be optimistic
People may be skeptical about the future of bitcoin, but that doesn’t affect the optimism of BTC investors.
Note, however, that the queen of cryptocurrencies can no longer reach 31,000 dollars as she did in mid-April. At the time of writing, bitcoin is trading at $29,325.
” Once we cross the 1, a quick move towards new yearly highs retesting the upper diagonal resistance in the 33K – $34K range seems very likely. »
This Kaleo is a crypto strategist followed by 583,000 people on Twitter. For him, bitcoin will exceed $40,000 in a few days.
The trader relied on a BTC-S&P 500 comparison chart to make such predictions. There is no doubt, according to Kaleo, that bitcoin will continue its ascent after breaking through diagonal resistance.
In case the crypto-flagship crosses the $30,000 mark again, it will be impossible to hold it at this level next week.
Our colleague also argued that the BTC could explode on the rise against a backdrop of US banking tsunamis.
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