Economist Alex Krüger made significant remarks about the current cycle of Bitcoin 
$96,101 and the cryptocurrency market. He stated that despite Bitcoin trading within a certain range, he anticipates an upward movement in the long term. Emphasizing the supercycle theory, Krüger noted that cryptocurrencies hold considerable potential but urged investors to be more selective.
Bitcoin and the Supercycle Theory
According to Krüger, Bitcoin is currently trading within a specific range, but this sideways movement is temporary. He believes Bitcoin has the potential to reach higher levels in the long term. The economist describes the current market cycle as a supercycle, which shows differences in timing and gains compared to previous years.
Krüger highlighted that Bitcoin moves in parallel with stocks, but pullbacks have been smaller and shorter in duration...
24h Most Popular
Utilities