Bitcoin Bulls Eye $100K in April, but Ethereum Looms Bitcoin's meteoric rise continues, with a staggering 56.8% surge in Q4 2023 and another +60% in Q1 2024. Fred Krueger, a seasoned investor and Bitcoin maximalist, sees
$90K - $100K on the horizon by April.
Long-term, Krueger's sights are set even higher, with projections of
$200K - $1M by the next halving cycle in 2028. But his ultimate vision? A future where Bitcoin reigns supreme, with targets of
$10M - $20M within the next few decades.
However, there's a potential hurdle: Ethereum. With its programmability and real-world asset tokenization capabilities, Krueger believes it poses a significant risk to Bitcoin's dominance.
On the regulatory front, Krueger remains unfazed. He points to the widespread accessibility of BTC through ETFs and suggests that criminalizing them would be a tough sell for the US government.
Just as it weathered the storm of China's ban in 2020, Bitcoin has proven its resilience time and again. With bold predictions and potential challenges ahead, the crypto king shows no signs of slowing down.
Disclaimer: This article is not financial advice; please do your own research before making any investment decisions.
