Economist Alex Krüger provides insights into the current cycle of Bitcoin and the broader cryptocurrency market, predicting long-term growth.
Bitcoin and the Supercycle Theory
According to Krüger, Bitcoin is currently trading within a specific range, and 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 also noted that Bitcoin moves more gradually compared to stocks: corrections have averaged around 40%, which is significant for investors to consider.
Expectations for Altseason and Solana's Prospects
Krüger expressed that the altcoin markets could also be affected by this cycle, but he cautioned investors regarding older projects. He advised selecting more innovative altcoins. In his view, Solana stands out, which he referred to as 'the fastest horse.' Significant increases in Solana's supply are expected in the coming two months, which may trigger important market movements. Discussing Ethereum, Krüger emphasized that the main blockchain needs to capture more value. Strengthening Layer 2 solutions and launching effective applications are critical for Ethereum's growth.
Investment Recommendations for Altcoins
Krüger believes that the altseason will be shorter and more limited compared to previous years. He emphasized the need for careful decision-making among investors, highlighting negative market sentiment and positioning, which makes the timing of the altseason uncertain.
Economist Alex Krüger highlighted key aspects that investors should consider in the cryptocurrency market: Bitcoin's growth potential and the necessity for careful and informed altcoin choices.
