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Fred Krueger Predicts Bitcoin Could Surge to $1 Million

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by Giorgi Kostiuk

2 days ago


Fred Krueger, a renowned Bitcoin analyst, shared his insights on the effects of artificial intelligence and interest rate cuts on the cryptocurrency market.

Impact of Interest Rate Cuts

Krueger noted that reducing interest rates to 1% would provide the fiat money system with temporary advantages for 10 years. This would enable borrowing and spending, but in the long run, artificial intelligence will create strong deflationary pressures.

Long-Term Forecast for Bitcoin

The analyst predicted that Bitcoin could exceed $400,000 or even $1 million in the coming years. "The reduction of interest rates will create conditions for Bitcoin to grow, especially in light of future deflationary trends," he added.

Positions of Companies Holding Bitcoin

Krueger also pointed out that companies holding Bitcoin on their balance sheets, such as MicroStrategy, RIOT, and MARA, will be at a stronger advantage. "These companies will gain serious advantages due to their strategic investments in Bitcoin over the next few years," he said.

Fred Krueger believes that while interest rate cuts may temporarily strengthen fiat currency, Bitcoin will continue to surge due to deflationary factors.

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