Economist Alex Krüger believes that new all-time highs for Bitcoin are on the horizon, as he observes positive market structures for large-cap crypto assets. Krüger is anticipating an imminent new all-time high for Bitcoin according to the current daily chart analysis.
Krüger is specifically eyeing Core (CORE), a layer-one blockchain utilizing a proof-of-work (POW) and proof-of-stake (POS) hybrid consensus mechanism called satoshi plus. He predicts that Core will surpass the market cap of Stacks (STX) in the near future.
As of now, CORE is trading at $2.74, marking a 72% increase in the last 24 hours. Krüger also emphasizes the importance of Bitcoin exposure for traditional finance portfolio managers, stating that those who fail to accumulate Bitcoin may underperform in the coming decade.
Bitcoin's current price stands at $69,554, reflecting a 1.79% decrease in the past 24 hours.
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